07-14-2011, 09:35 AM
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Confirmed User
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Join Date: Aug 2010
Posts: 457
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Quote:
Originally Posted by Juicy D. Links
i dont think they had bank accounts back in the 1700's  |
Well, not quite :P
Quote:
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Banking in the modern sense of the word can be traced to medieval and early Renaissance Italy, to the rich cities in the north like Florence, Venice and Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence, establishing branches in many other parts of Europe.[3] Perhaps the most famous Italian bank was the Medici bank, set up by Giovanni Medici in 1397.[4] The earliest known state deposit bank, Banco di San Giorgio (Bank of St. George), was founded in 1407 at Genoa, Italy.[5]
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