Historical Events tagged with "public bank"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Inauguration of Europe's First Public Bank
The Taula de canvi began operations in Barcelona, marking a significant milestone as Europe's first public bank. It was housed within the historical Llotja de Mar, a prominent trading hub in the city. Established to facilitate trade and economic growth, this institution aimed to provide secure banking services to merchants and citizens. Its operations included currency exchange and deposit services, fostering a more stable financial environment. The creation of the Taula de canvi highlighted the evolving nature of banking and commerce in late medieval Europe, emphasizing the need for organized financial institutions to support burgeoning trade networks.
Continue Reading