![Palazzo Salimbeni, Siena](https://upload.wikimedia.org/wikipedia/commons/2/2d/Palazzo_Salimbeni%2C_Siena.jpg)
This list of the oldest banks includes financial institutions in ''continuous'' operation, operating with the same legal identity without interruption since their establishment until the present time.
Depending on the definition, the world's oldest bank is either
Banca Monte dei Paschi di Siena
Banca Monte dei Paschi di Siena S.p.A. (), known as BMPS or just MPS, is an Italian bank. Tracing its history to a mount of piety founded in 1472 () and established in its present form in 1624 (), it is the world's oldest or second oldest bank ...
or
Berenberg Bank
Joh. Berenberg, Gossler & Co. KG, commonly known as Berenberg Bank and also branded as simply Berenberg, is a multinational full-service investment bank based in Hamburg, Germany.
It was founded by the Flemish Berenberg family in 1590 () and ...
. Banca Monte dei Paschi di Siena was founded in its present form in 1624, but traces its history to a
mount of piety
A mount of piety is an institutional pawnbroker run as a charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operatio ...
founded in 1472. The Berenberg company was founded in 1590 and has operated continuously ever since with the same family as owners or major co-owners. Banca Monte dei Paschi di Siena is today a large Italian retail bank, while Berenberg Bank is primarily involved in investment banking and private banking for wealthy customers; in any event Berenberg Bank is the world's oldest merchant bank or investment bank. The world's oldest
central bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union,
and oversees their commercial banking system. In contrast to a commercial bank, a central ba ...
is the
Sveriges Riksbank
Sveriges Riksbank, or simply the ''Riksbank'', is the central bank of Sweden. It is the world's oldest central bank and the fourth oldest bank in operation.
Etymology
The first part of the word ''riksbank'', ''riks'', stems from the Swedish w ...
, which was founded in 1668.
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Banks established before 1600
Banks established in the 17th century
Banks established in the 18th century
Banks established in the 19th century
See also
*
History of banking
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 Sumeria. Later, in anci ...
*
List of oldest companies
This list of the oldest companies in the world includes brands and companies, excluding associations and educational, government, or religious organizations. To be listed, a brand or company name must remain operating, either in whole or in part, ...
References
Literature
* Manfred Pohl, Sabine Freitag, ''Handbook on the History of European Banks'', European Association for Banking History, 1994
{{DEFAULTSORT:Oldest banks
Economy-related lists of superlatives
Lists of banks
History of banking
Banks
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Becaus ...
Lists of companies
Longest-duration things