Search results
Results from the WOW.Com Content Network
Banking in Italy. There are three main types of credit institutions and banks in Italy. Commercial banks, which include three national banks, chartered banks, cooperative banks, and private banks across the country, are the most common. However, savings banks organized on a provincial or regional basis in addition to investment institutions ...
The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 BCE in Assyria, India and Sumer. Later, in ancient Greece and during the Roman Empire, lenders based in temples gave loans, while accepting deposits ...
The Bank of Italy (Italian: Banca d'Italia, pronounced [ˈbaŋka diˈtaːlja], informally referred to as Bankitalia) is the Italian member of the Eurosystem and has been the monetary authority for Italy from 1893 to 1998, issuing the Italian lira. Since 2014, it has also been Italy's national competent authority within European Banking ...
Amadeo Giannini. Amadeo Pietro Giannini (Italian pronunciation: [amaˈdɛːo ˈpjɛːtro dʒanˈniːni]), also known as Amadeo Peter Giannini or A. P. Giannini (May 6, 1870 – June 3, 1949) was an American banker who founded the Bank of Italy, which eventually became Bank of America. Giannini is credited as the inventor of many modern banking ...
History of Italy. The Italian city-states were numerous political and independent territorial entities that existed in the Italian Peninsula from antiquity to the formation of the Kingdom of Italy in the late 19th century. The ancient Italian city-states were Etruscan (Dodecapolis), Latin, most famously Rome, and Greek (Magna Graecia), but also ...
A financial institution, sometimes called a banking institution, is a business entity that provides service as an intermediary for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institution: [1][2] Investment institution – investment bank, underwriter, and other different types ...
The Bank of Saint George (Italian: Casa delle compere e dei banchi di San Giorgio or informally as Ufficio di San Giorgio or Banco) [1] was a financial institution of the Republic of Genoa. It was founded in 1407 to consolidate the public debt, which had been escalating due to the war with Venice for trading and financial dominance. [2]
Lombard Street in London. In modern central banking practice, Lombard credit refers to central bank lending against marketable securities, such as government bonds.Modern repurchase agreements are also forms of Lombard lending: one bank sells marketable securities to another (at a discount), with an agreement to repurchase the securities (typically at par) in a fixed period of time.