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Several 19th century authors described a "Bank of Venice" formed in the 12th century, calling it Europe's first national bank and an innovator of non-redeemable debt-based money. [2] Archival research corrected these accounts, distinguishing between the Republic's financing offices, the business of its private bankers, and the much later public ...
The Banco del Giro on Rialto Square by Gabriele Bella (c.1780s), Pinacoteca Querini Stampalia. The Banco del Giro (Venetian: Banco del Ziro), also Banco Giro or Bancogiro, sometimes referred to in English as the Bank of Venice, was a public bank created by the Republic of Venice.
The Republic of Venice, sometimes mistakenly credited with establishing a Bank of Venice in the 12th century, did not formally create a public bank until 1587. However in the 13th and 14th centuries its Grain Office did a banking business that included both deposits and lending. [ 133 ]
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On 25 September 2008 the bank renamed to Cassa di Risparmio del Veneto. [4] Followed the closure of the Savings Bank of Venice, the Savings Bank of Veneto was the only oldest surviving Cassa di Risparmio of Italy, which other banks had either dropped Cassa di Risparmio in their name or ceased to be exist due to merger. However, in February 2018 ...
The Republic of Venice was active in the production and trading of salt, salted products, and other products along trade routes established by the salt trade. Venice produced its own salt at Chioggia by the seventh century for trade, but eventually moved on to buying and establishing salt production throughout the Eastern Mediterranean ...
The earliest known state deposit bank, Banco di San Giorgio (Bank of St. George), was founded in 1407 in Genoa, Italy, [8] while Banca Monte dei Paschi di Siena, founded in 1472, is the oldest surviving bank in the world.
An LAPD officer who shot and killed an unarmed homeless man in Venice Beach in 2015 will face criminal charges based on the recommendation of a special prosecutor hired by Los Angeles County Dist ...