Did you know there are banks today that have been operating since the 1400s? Banks have actually existed since ancient Assyria and Babylonia when merchants gave grain loans to farmers and traders. However, the modern concept of banking started around the 14th century, in Italy. Whether for political reasons, overspending, financial crashes, war, or family … Continue reading THE OLDEST BANKS IN THE WORLD
Category: FINANCE & INVESTMENT
THE OLDEST BANK IN THE UNITED KINGDOM
Banking has existed in the United Kingdom since the 17th century. In 1650, Thomas Smith opened the first provincial bank in Nottingham. In 1664, Sir Francis Child and Robert Blanchard opened Child & Co in London. Since the mid-1600s, many banks have opened and closed. The majority of them have been unable to last a … Continue reading THE OLDEST BANK IN THE UNITED KINGDOM
BALISSANDE FINISHING SCHOOL 