{"id":18815,"date":"2025-03-28T09:42:13","date_gmt":"2025-03-28T04:12:13","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=18815"},"modified":"2025-03-28T16:57:25","modified_gmt":"2025-03-28T11:27:25","slug":"oldest-banks-in-the-world","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/","title":{"rendered":"Oldest Banks in the World: Check Which Banks Still Exist"},"content":{"rendered":"\n<p>Did you know that some banks have been around for over 500 years? The oldest banks in the world have witnessed economic revolutions, royal transitions, and even world wars\u2014yet they continue to thrive today.<\/p>\n\n\n\n<p>From the streets of medieval Italy to the financial hubs of today, these institutions have shaped global finance as we know it. If you\u2019ve ever wondered which banks have stood the test of time, let\u2019s take a deep dive into the list of oldest banks in the world and their fascinating journeys.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-oldest-banks-in-the-world\"><span id=\"oldest-banks-in-the-world\">Oldest Banks in the World<\/span><\/h2>\n\n\n\n<p>The oldest bank in the world is Banca Monte dei Paschi di Siena, founded in 1472 as a mount of piety in Siena, Italy.&nbsp;<\/p>\n\n\n\n<p>It was later refounded in its present form in 1624 and has remained in continuous operation ever since, making it the world&#8217;s longest-running financial institution.<\/p>\n\n\n\n<p>Additionally, the oldest merchant bank is Berenberg Bank, established in 1590 in Hamburg, Germany, and still run by the same family.<\/p>\n\n\n\n<p>The table below shows the oldest banks in the world and when they were founded:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Oldest Banks in the World<\/strong><\/td><td><strong>Year of Establishment<\/strong><\/td><td><strong>Country of Origin<\/strong><\/td><\/tr><tr><td>Banca Monte dei Paschi di Siena<\/td><td>1472<\/td><td>Italy<\/td><\/tr><tr><td>Berenberg Bank<\/td><td>1590<\/td><td>Germany<\/td><\/tr><tr><td>Sveriges Riksbank<\/td><td>1668<\/td><td>Sweden<\/td><\/tr><tr><td>C. Hoare &amp; Co.<\/td><td>1672<\/td><td>UK<\/td><\/tr><tr><td>Metzler Bank<\/td><td>1674<\/td><td>Germany<\/td><\/tr><tr><td>Barclays<\/td><td>1690<\/td><td>UK<\/td><\/tr><tr><td>Coutts<\/td><td>1692<\/td><td>UK<\/td><\/tr><tr><td>Bank of England<\/td><td>1694<\/td><td>UK<\/td><\/tr><tr><td>Bank of Scotland<\/td><td>1695<\/td><td>UK<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Check out some of the oldest banks in the world and explore the interesting facts-<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-banca-monte-dei-paschi-di-siena-1472-italy\"><span id=\"banca-monte-dei-paschi-di-siena-1472-italy\">Banca Monte dei Paschi di Siena (1472, Italy)<\/span><\/h3>\n\n\n\n<p>Founded in 1472 in the heart of Tuscany, Banca Monte dei Paschi di Siena (MPS) holds the distinction of being the oldest bank in the world still in operation.&nbsp;<\/p>\n\n\n\n<p>Originally established to provide loans to the underprivileged, it has grown into a full-fledged financial institution serving individuals, businesses, and even students seeking education financing.<\/p>\n\n\n\n<p><strong>Check out some fun facts about Banca Monte dei Paschi di Siena, one of the oldest surviving banks in the world-<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Over 550 Years of Banking:<\/strong> This bank predates the discovery of America by Christopher Columbus (1492) and has survived everything from the Renaissance to the digital banking era.<br><\/li>\n\n\n\n<li><strong>A Bank for the People:<\/strong> It was founded as a charitable institution to help Siena\u2019s citizens access financial support, particularly farmers and small business owners.<br><\/li>\n\n\n\n<li><strong>A Historic Headquarters:<\/strong> Its main building, Palazzo Salimbeni, is a stunning Gothic structure that has stood for centuries and is a must-visit for history buffs.<br><\/li>\n\n\n\n<li><strong>Linked to Education:<\/strong> The bank has historically supported universities and student programs, playing a role in Italy\u2019s academic financing landscape.<br><\/li>\n\n\n\n<li><strong>Survivor of Economic Turmoil:<\/strong> Despite facing financial crises, bailouts, and restructuring, MPS continues to operate, making it a true banking survivor.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-berenberg-bank-1590-germany\"><span id=\"berenberg-bank-1590-germany\">Berenberg Bank (1590, Germany)<\/span><\/h3>\n\n\n\n<p>Founded in 1590 in Hamburg, Germany, Berenberg Bank is the world\u2019s oldest merchant bank and one of Europe\u2019s most prestigious private banks.<\/p>\n\n\n\n<p>It was established by the Berenberg family, who were originally cloth merchants. The bank then expanded into finance and trade, eventually becoming a powerhouse in wealth management and investment banking.&nbsp;<\/p>\n\n\n\n<p>Today, it continues to serve high-net-worth individuals (HNIs), businesses, and even students looking for financial guidance, including education loans in Germany.<\/p>\n\n\n\n<p><strong>Explore some amazing facts about Berenberg Bank, one of the oldest and <\/strong><a href=\"https:\/\/fly.finance\/blog\/student-account\/top-banks-in-germany-for-students\/\"><strong>best banks in Germany<\/strong><\/a><strong>.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Family Legacy:<\/strong> The bank has remained family-controlled for over 400 years, making it one of the oldest privately owned banks in the world.<br><\/li>\n\n\n\n<li><strong>Exclusive Clientele:<\/strong> Berenberg Bank has served European aristocracy, industrialists, and even influential students seeking educational endowments.<br><\/li>\n\n\n\n<li><strong>Commitment to Education:<\/strong> The bank has historically supported financial literacy programs, student investment competitions, and economic research initiatives.<br><\/li>\n\n\n\n<li><strong>Surviving Global Challenges:<\/strong> Despite surviving economic downturns, world wars, and financial crises, Berenberg Bank has continuously adapted to modern banking trends while maintaining its exclusive client approach.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-sveriges-riksbank-1668-sweden\"><span id=\"sveriges-riksbank-1668-sweden\">Sveriges Riksbank (1668, Sweden)<\/span><\/h3>\n\n\n\n<p>Sveriges Riksbank, founded in 1668, is the world&#8217;s oldest central bank and a pioneer in shaping modern monetary policies.&nbsp;<\/p>\n\n\n\n<p>Established to stabilize Sweden\u2019s currency and support economic growth, it introduced many financial innovations that laid the groundwork for central banking systems worldwide.&nbsp;<\/p>\n\n\n\n<p>Today, it manages Sweden\u2019s monetary policy, oversees financial stability, and even plays a role in student-related financial literacy programs.<\/p>\n\n\n\n<p><strong>Check out fun facts about Sveriges Riksbank in Sweden.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>First Central Bank:<\/strong> It was the first institution to operate as a true central bank, setting an example for later institutions like the Bank of England.<br><\/li>\n\n\n\n<li><strong>Introduced the World&#8217;s First Banknotes:<\/strong> In the 1660s, Sweden was among the first countries to issue paper money, changing how transactions were conducted.<br><\/li>\n\n\n\n<li><strong>Commitment to Innovation:<\/strong> The bank is at the forefront of digital banking and has been exploring the e-krona, Sweden\u2019s potential digital currency.<br><\/li>\n\n\n\n<li><strong>Supports Financial Education:<\/strong> Sveriges Riksbank actively promotes financial literacy among students through educational programs and collaborations with universities.<br><\/li>\n\n\n\n<li><strong>Awards the Nobel Prize in Economics:<\/strong> The bank sponsors the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, one of the most prestigious awards in the field.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-c-hoare-amp-co-1672-uk\"><span id=\"c-hoare-co-1672-uk\">C. Hoare &amp; Co. (1672, UK)<\/span><\/h3>\n\n\n\n<p>Founded in 1672, C. Hoare &amp; Co. is the UK\u2019s oldest privately owned bank and one of the longest-running family-owned banks in the world.&nbsp;<\/p>\n\n\n\n<p>Established by Sir Richard Hoare in London, the bank quickly gained a reputation for trust and discretion, serving royalty, writers, and entrepreneurs alike.&nbsp;<\/p>\n\n\n\n<p>Even today, it remains independent and family-run, offering personalized banking services that cater to high-net-worth individuals, including students from prestigious universities who require specialized financial solutions.&nbsp;<\/p>\n\n\n\n<p>Many Indian banks are also providing <a href=\"https:\/\/fly.finance\/blog\/education-loan\/banks-providing-education-loans-to-study-in-uk\/\"><strong>education loans to study in the UK<\/strong><\/a> and help students pursue their global dreams.<\/p>\n\n\n\n<p><strong>Let\u2019s explore some fun facts about C. Hoare &amp; Co., one of the oldest banks in the world.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Oldest Family-Owned Bank:<\/strong> The Hoare family has run the bank for over 12 generations, making it a rare example of uninterrupted family banking.<br><\/li>\n\n\n\n<li><strong>Clients of Influence:<\/strong> The bank has served historical figures such as Lord Byron, Jane Austen, and Samuel Pepys.<br><\/li>\n\n\n\n<li><strong>Exclusive Services:<\/strong> Unlike most banks, it does not offer credit cards but focuses on bespoke financial management and advisory services.<br><\/li>\n\n\n\n<li><strong>A Student Connection:<\/strong> The bank has historically supported academic institutions and students, offering trust funds and specialized banking for scholars.<br><\/li>\n\n\n\n<li><strong>Surviving Challenges:<\/strong> Despite wars, financial crises, and changing regulations, C. Hoare &amp; Co. has remained steadfast in its commitment to traditional banking values.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Click to know more about the top 10 <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/foreign-exchange-companies-in-the-world\/\"><strong>foreign exchange companies<\/strong><\/a><strong> in the world and explore the best one for your needs.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-metzler-bank-1674-germany\"><span id=\"metzler-bank-1674-germany\">Metzler Bank (1674, Germany)<\/span><\/h3>\n\n\n\n<p>Metzler Bank is one of Germany\u2019s oldest private banks, which was founded in Frankfurt in 1674. It has remained an independent, family-owned institution for over 350 years.&nbsp;<\/p>\n\n\n\n<p>Originally a textile trading company, it gradually evolved into a financial institution, specializing in asset management, capital markets, and corporate finance.&nbsp;<\/p>\n\n\n\n<p>Today, it serves a diverse clientele, including businesses, institutional investors, and students pursuing careers in finance who seek internships and financial guidance from one of Europe\u2019s most historic banks.<\/p>\n\n\n\n<p><strong>Check out the fun facts about Metzler Bank below.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>From Textiles to Banking:<\/strong> The Metzler family originally ran a textile trading business before transitioning into banking in the late 1600s.<br><\/li>\n\n\n\n<li><strong>Germany\u2019s Oldest Private Bank:<\/strong> It is the longest-running family-owned private bank in Germany, known for its conservative investment approach.<br><\/li>\n\n\n\n<li><strong>Strong Educational Ties:<\/strong> Metzler Bank collaborates with universities and business schools, offering scholarships and financial education programs for students.<br><\/li>\n\n\n\n<li><strong>One of Frankfurt\u2019s Financial Pillars:<\/strong> The bank played a key role in developing Frankfurt as a major European financial hub.<br><\/li>\n\n\n\n<li><strong>Still Family-Owned:<\/strong> Unlike many historic banks that merged or were acquired, Metzler Bank has remained under family leadership for over three centuries.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-barclays-1690-uk\"><span id=\"barclays-1690-uk\">Barclays (1690, UK)<\/span><\/h3>\n\n\n\n<p>Founded in 1690 in the City of London, Barclays started as a modest goldsmith banking business run by John Freame and Thomas Gould.&nbsp;<\/p>\n\n\n\n<p>Over the centuries, it transformed into one of the world\u2019s most influential financial institutions, pioneering many innovations in modern banking.&nbsp;<\/p>\n\n\n\n<p>Today, Barclays offers a range of banking services, including <a href=\"https:\/\/fly.finance\/blog\/student-account\/student-bank-accounts-uk\/\"><strong>top student accounts in the UK<\/strong><\/a>, education loans, and financial planning tools for students pursuing higher education.<\/p>\n\n\n\n<p><strong>Find some interesting fun facts about Barclays, one of the most popular, oldest and top <\/strong><a href=\"https:\/\/fly.finance\/blog\/student-account\/list-of-banks-in-the-uk\/\"><strong>banks in the UK<\/strong><\/a><strong> with multiple branches worldwide.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Introduced the First ATM:<\/strong> Barclays launched the world&#8217;s first automated teller machine (ATM) in 1967, revolutionizing banking convenience.<br><\/li>\n\n\n\n<li><strong>A Leader in Digital Banking:<\/strong> It was among the first banks to adopt mobile and online banking, catering to tech-savvy students and professionals.<br><\/li>\n\n\n\n<li><strong>Strong Student Banking Services:<\/strong> Barclays provides student-friendly accounts, overdraft options, and financial literacy programs.<br><\/li>\n\n\n\n<li><strong>Historical Philanthropy:<\/strong> The bank has a long tradition of supporting education through scholarships and university partnerships.<br><\/li>\n\n\n\n<li><strong>A Bank That Grew Globally:<\/strong> From a small goldsmith\u2019s business, Barclays has expanded into an international banking powerhouse operating in over 40 countries.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-coutts-1692-uk\"><span id=\"coutts-1692-uk\">Coutts (1692, UK)<\/span><\/h3>\n\n\n\n<p>Coutts is one of the oldest banks in London, which was founded in 1692. It is known for its exclusivity and high-net-worth clientele.&nbsp;<\/p>\n\n\n\n<p>Originally established as a goldsmith-banking business by John Campbell, it later became the go-to bank for aristocrats, business elites, and even students from prestigious universities who required financial advisory services.<\/p>\n\n\n\n<p><strong>Some of the amazing facts about Coutts are listed below-<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The Bank of Royals:<\/strong> Coutts has been the banker for the British royal family for centuries, managing the finances of Queen Elizabeth II and other royals.<br><\/li>\n\n\n\n<li><strong>A Bank with a Literary Connection:<\/strong> Famous writers like Charles Dickens referenced Coutts in their works, cementing its reputation in literary history.<br><\/li>\n\n\n\n<li><strong>Exclusive Clientele:<\/strong> The bank only serves high-net-worth individuals, making it one of the most selective financial institutions in the world.<br><\/li>\n\n\n\n<li><strong>Student Connections:<\/strong> While primarily a private bank, Coutts has historically supported scholarships and academic trusts for students in elite institutions.<br><\/li>\n\n\n\n<li><strong>Historic Location:<\/strong> The bank&#8217;s headquarters on the Strand in London has been a landmark in British finance for centuries, symbolizing stability and prestige.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-bank-of-england-1694-uk\"><span id=\"bank-of-england-1694-uk\">Bank of England (1694, UK)<\/span><\/h3>\n\n\n\n<p>Founded in 1694, the Bank of England is the United Kingdom\u2019s central bank and a cornerstone of global financial stability.<\/p>\n\n\n\n<p>Initially established to raise funds for war efforts, it evolved into a regulatory powerhouse, setting monetary policies, issuing banknotes, and overseeing economic stability.&nbsp;<\/p>\n\n\n\n<p>Students studying finance, economics, or banking often refer to the Bank of England&#8217;s research and reports for academic insights.<\/p>\n\n\n\n<p><strong>Check out the fun facts about the Bank of England below.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>First Official UK Banknotes:<\/strong> It was the first bank in England to issue standardized banknotes, shaping modern currency systems. One can return the fake notes if you <a href=\"https:\/\/fly.finance\/blog\/student-budget\/counterfeit-pound-notes\/\"><strong>identify counterfeit pounds<\/strong><\/a> while in the UK.<br><\/li>\n\n\n\n<li><strong>The &#8216;Old Lady of Threadneedle Street&#8217;:<\/strong> The bank\u2019s famous nickname comes from an 18th-century political cartoon that depicted it as an old woman guarding British wealth.<br><\/li>\n\n\n\n<li><strong>Gold Vault with 400,000 Bars:<\/strong> The bank&#8217;s underground vault holds one of the largest reserves of gold in the world.<br><\/li>\n\n\n\n<li><strong>Educational Contributions:<\/strong> The Bank of England runs financial literacy programs and provides internship opportunities for students interested in economic policy.<br><\/li>\n\n\n\n<li><strong>A Model for Central Banking:<\/strong> Many countries modeled their central banks after the Bank of England due to its pioneering role in monetary policy.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-bank-of-scotland-1695-uk\"><span id=\"bank-of-scotland-1695-uk\">Bank of Scotland (1695, UK)<\/span><\/h3>\n\n\n\n<p>Established in 1695, the Bank of Scotland is one of the oldest surviving banks in the UK and a cornerstone of Scotland\u2019s financial system. Created to support trade and economic growth, it became a vital institution in the development of Scottish banking.&nbsp;<\/p>\n\n\n\n<p>Today, it is part of Lloyds Banking Group, continuing to offer a wide range of financial services, including student loans and accounts designed to help university students manage their finances effectively.<\/p>\n\n\n\n<p><strong>Let\u2019s explore some interesting facts about the Bank of Scotland.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>First Chartered Bank in Scotland:<\/strong> It was the first bank in Scotland to receive an official charter, setting the foundation for modern Scottish banking.<br><\/li>\n\n\n\n<li><strong>Introduced Paper Money:<\/strong> It was among the first banks in the UK to issue paper currency, making transactions more accessible for businesses and individuals.<br><\/li>\n\n\n\n<li><strong>Strong Student Focus:<\/strong> The bank has historically supported student financing, offering education loans and tailored banking solutions for students studying in Scotland.<br><\/li>\n\n\n\n<li><strong>Survived a Banking War:<\/strong> It faced fierce competition from the Royal Bank of Scotland, leading to a financial rivalry that shaped the UK\u2019s banking landscape.<br><\/li>\n\n\n\n<li><strong>Innovative Digital Banking:<\/strong> It has embraced modern banking technology, offering mobile and online banking solutions to students and customers across the UK.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-list-of-oldest-banks-in-the-us\"><span id=\"list-of-oldest-banks-in-the-us\">List of Oldest Banks in the US<\/span><\/h2>\n\n\n\n<p>The banking system in the United States has evolved significantly over the past few centuries. Some of the oldest <a href=\"https:\/\/fly.finance\/blog\/student-account\/list-of-banks-in-the-usa\/\"><strong>banks in the US<\/strong><\/a> were established before the country gained independence and have played a crucial role in shaping its financial landscape.<\/p>\n\n\n\n<p>Check out the table below to find out the first banks in the US.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Bank Name<\/strong><\/td><td><strong>Year Founded<\/strong><\/td><\/tr><tr><td>Bank of New York Mellon<\/td><td>1784<\/td><\/tr><tr><td>State Street Corporation<\/td><td>1792<\/td><\/tr><tr><td>The Bank of Massachusetts (now Bank of America)<\/td><td>1784<\/td><\/tr><tr><td>The Farmers&#8217; Bank of Delaware<\/td><td>1807<\/td><\/tr><tr><td>The Bank of Georgetown<\/td><td>1814<\/td><\/tr><tr><td>Chemical Bank (now part of JPMorgan Chase)<\/td><td>1824<\/td><\/tr><tr><td>Citibank<\/td><td>1812<\/td><\/tr><tr><td>The Union Bank<\/td><td>1839<\/td><\/tr><tr><td>The Merchants&#8217; Bank of New York<\/td><td>1803<\/td><\/tr><tr><td>Wells Fargo<\/td><td>1852<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-list-of-oldest-banks-in-india\"><span id=\"list-of-oldest-banks-in-india\">List of Oldest Banks in India<\/span><\/h2>\n\n\n\n<p>India&#8217;s banking history dates back to ancient times, but modern banking began in the late 18th century. Many of the oldest banks in India played a pivotal role in supporting trade, agriculture, and industrialization.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Bank Name<\/strong><\/td><td><strong>Year Founded<\/strong><\/td><\/tr><tr><td>Bank of Hindustan<\/td><td>1770<\/td><\/tr><tr><td>Allahabad Bank (now part of Indian Bank)<\/td><td>1865<\/td><\/tr><tr><td>Punjab National Bank<\/td><td>1894<\/td><\/tr><tr><td>Bank of India<\/td><td>1906<\/td><\/tr><tr><td>Canara Bank<\/td><td>1906<\/td><\/tr><tr><td>Corporation Bank (now part of Union Bank of India)<\/td><td>1906<\/td><\/tr><tr><td>Indian Bank<\/td><td>1907<\/td><\/tr><tr><td>Central Bank of India<\/td><td>1911<\/td><\/tr><tr><td>Bank of Baroda<\/td><td>1908<\/td><\/tr><tr><td>Reserve Bank of India (as central bank)<\/td><td>1935<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Master the <\/strong><a href=\"https:\/\/fly.finance\/blog\/student-budget\/world-currency-symbols-all-countries-currency-name-list-and-symbols\/\"><strong>world currency symbols<\/strong><\/a><strong> with our comprehensive guide, covering unique symbols and names from every country.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-list-of-oldest-banks-in-canada\"><span id=\"list-of-oldest-banks-in-canada\">List of Oldest Banks in Canada<\/span><\/h2>\n\n\n\n<p>Canada&#8217;s banking system is known for its stability and resilience. Some of its oldest <a href=\"https:\/\/fly.finance\/blog\/student-account\/list-of-banks-in-canada\/\"><strong>banks in Canada<\/strong><\/a> have been instrumental in the country&#8217;s economic development.<\/p>\n\n\n\n<p>Explore the list of oldest banks in Canada below.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Bank Name<\/strong><\/td><td><strong>Year Founded<\/strong><\/td><\/tr><tr><td>Bank of Montreal (BMO)<\/td><td>1817<\/td><\/tr><tr><td>The Bank of Nova Scotia (Scotiabank)<\/td><td>1832<\/td><\/tr><tr><td>Royal Bank of Canada (RBC)<\/td><td>1864<\/td><\/tr><tr><td>Toronto-Dominion Bank (TD Bank)<\/td><td>1855<\/td><\/tr><tr><td>Canadian Imperial Bank of Commerce (CIBC)<\/td><td>1867<\/td><\/tr><tr><td>National Bank of Canada<\/td><td>1859<\/td><\/tr><tr><td>HSBC Bank Canada<\/td><td>1981 (Canada branch)<\/td><\/tr><tr><td>Laurentian Bank of Canada<\/td><td>1846<\/td><\/tr><tr><td>Alberta Treasury Branches (ATB Financial)<\/td><td>1938<\/td><\/tr><tr><td>Canadian Western Bank<\/td><td>1984<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-list-of-oldest-banks-in-australia\"><span id=\"list-of-oldest-banks-in-australia\">List of Oldest Banks in Australia<\/span><\/h2>\n\n\n\n<p>The oldest <a href=\"https:\/\/fly.finance\/blog\/student-account\/list-of-banks-in-australia-type-of-banks-how-to-open-bank-account-in-australia\/\"><strong>banks in Australia<\/strong><\/a> have supported economic growth, trade, and infrastructure development since the early days of European settlement. Explore the list of ancient banks in Australia below.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Bank Name<\/strong><\/td><td><strong>Year Founded<\/strong><\/td><\/tr><tr><td>Bank of New South Wales (now Westpac)<\/td><td>1817<\/td><\/tr><tr><td>Commonwealth Bank of Australia<\/td><td>1911<\/td><\/tr><tr><td>National Australia Bank (NAB)<\/td><td>1858<\/td><\/tr><tr><td>Australia and New Zealand Banking Group (ANZ)<\/td><td>1835<\/td><\/tr><tr><td>Bank of Queensland<\/td><td>1874<\/td><\/tr><tr><td>Macquarie Bank<\/td><td>1969<\/td><\/tr><tr><td>AMP Bank<\/td><td>1849<\/td><\/tr><tr><td>Bendigo and Adelaide Bank<\/td><td>1858<\/td><\/tr><tr><td>St. George Bank (now part of Westpac)<\/td><td>1937<\/td><\/tr><tr><td>Suncorp Bank<\/td><td>1902<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>To sum up, the world\u2019s oldest banks are more than just financial institutions; they are historical landmarks that have shaped the global economy.&nbsp;<\/p>\n\n\n\n<p>Whether you&#8217;re an investor, a historian, or simply curious about banking history, these banks offer a fascinating glimpse into the financial world\u2019s past and future.<\/p>\n\n\n\n<p>Looking for more banking insights? Stay updated with the latest financial trends, banking history, and global banking insights by exploring our blogs and checking out the FAQs section below.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1743134515500\"><strong class=\"schema-faq-question\">Which bank is the oldest in the world?<\/strong> <p class=\"schema-faq-answer\">The <strong>oldest bank in the world<\/strong> still in operation is <strong>Banca Monte dei Paschi di Siena<\/strong>, founded in <strong>1472 in Italy<\/strong>. It has been serving customers for over <strong>550 years<\/strong>!<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134526879\"><strong class=\"schema-faq-question\">Which are the top 10 oldest banks in the world?<\/strong> <p class=\"schema-faq-answer\">Here are the <strong>10 oldest banks<\/strong> that have survived centuries:<br\/><strong>Banca Monte dei Paschi di Siena (1472, Italy)<\/strong> \u2013 Oldest bank still running<br\/><strong>Berenberg Bank (1590, Germany)<\/strong> \u2013 Oldest merchant bank<br\/><strong>Sveriges Riksbank (1668, Sweden)<\/strong> \u2013 First central bank<br\/><strong>C. Hoare &amp; Co. (1672, UK)<\/strong> \u2013 Oldest privately owned bank in the UK<br\/><strong>Metzler Bank (1674, Germany)<\/strong> \u2013 Oldest family-run bank in Germany<br\/><strong>Barclays (1690, UK)<\/strong> \u2013 One of the biggest British banks today<br\/><strong>Coutts (1692, UK)<\/strong> \u2013 Banker to the British Royal Family<br\/><strong>Bank of England (1694, UK)<\/strong> \u2013 UK&#8217;s central bank<br\/><strong>Bank of Scotland (1695, UK)<\/strong> \u2013 Scotland\u2019s first chartered bank<br\/><strong>Cr\u00e9dit Industriel et Commercial (1859, France)<\/strong> \u2013 One of France\u2019s oldest banks<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134527476\"><strong class=\"schema-faq-question\">Which are the oldest banks in the world that are still running?<\/strong> <p class=\"schema-faq-answer\">Many historical banks are still operating, but the <strong>oldest ones still in business<\/strong> include:<br\/>Banca Monte dei Paschi di Siena (1472, Italy)<br\/>Berenberg Bank (1590, Germany)<br\/>Sveriges Riksbank (1668, Sweden)<br\/>C. Hoare &amp; Co. (1672, UK)<br\/>Barclays (1690, UK)<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134528195\"><strong class=\"schema-faq-question\">Which is the first bank in the world?<\/strong> <p class=\"schema-faq-answer\">The world\u2019s first bank is often considered to be <strong>Banca Monte dei Paschi di Siena<\/strong>, founded in <strong>1472 in Italy<\/strong>. However, earlier banking systems existed in ancient Babylon, Egypt, and Greece.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134747288\"><strong class=\"schema-faq-question\">Which is the oldest bank in India?<\/strong> <p class=\"schema-faq-answer\">The <strong>oldest bank in India<\/strong> is the <strong>State Bank of India (SBI)<\/strong>. It was originally established as the <strong>Bank of Calcutta in 1806<\/strong>, later renamed the <strong>Bank of Bengal<\/strong>, and eventually became SBI in <strong>1955<\/strong>.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134747800\"><strong class=\"schema-faq-question\">What is the world&#8217;s oldest private bank?<\/strong> <p class=\"schema-faq-answer\">The world&#8217;s oldest private bank is <strong>Berenberg Bank<\/strong>, founded in <strong>1590 in Hamburg, Germany<\/strong>. It is still family-owned and specializes in wealth management.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134748845\"><strong class=\"schema-faq-question\">Which is the oldest bank in the world and when was it founded?<\/strong> <p class=\"schema-faq-answer\">The <strong>oldest bank in the world still in operation<\/strong> is <strong>Banca Monte dei Paschi di Siena<\/strong>, founded in <strong>1472 in Italy<\/strong>.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134749324\"><strong class=\"schema-faq-question\">The world\u2019s first bank was in which country?<\/strong> <p class=\"schema-faq-answer\">The <strong>first modern bank<\/strong> was in <strong>Italy<\/strong>, with <strong>Banca Monte dei Paschi di Siena<\/strong> (1472) being the oldest still operating. However, banking systems existed in ancient <strong>Mesopotamia, Greece, and Rome<\/strong>.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134750715\"><strong class=\"schema-faq-question\">Which is the oldest central bank in the world?<\/strong> <p class=\"schema-faq-answer\">The <strong>oldest central bank<\/strong> in the world is <strong>Sveriges Riksbank<\/strong>, founded in <strong>1668 in Sweden<\/strong>. It was the first to manage a country&#8217;s monetary policy.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1743134860905\"><strong class=\"schema-faq-question\">Who controls the World Bank?<\/strong> <p class=\"schema-faq-answer\">The <strong>World Bank<\/strong> is controlled by <strong>189 member countries<\/strong>, with the <strong>United States holding the largest voting power<\/strong>. It is led by a <strong>President<\/strong>, traditionally nominated by the U.S. government.<\/p> <\/div> <\/div>\n\n\n\n<p>To know more about <a href=\"https:\/\/fly.finance\/loans\"><strong>education loans<\/strong><\/a>, the best <a href=\"https:\/\/fly.finance\/international-bank-account\"><strong>bank accounts for students<\/strong><\/a>, <a href=\"https:\/\/fly.finance\/forex\"><strong>forex<\/strong><\/a> and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background has-fixed-layout\"><tbody><tr><td colspan=\"2\"><strong>Additional Reads<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/list-of-government-banks-in-india-top-public-sector-banks-in-india\/\"><strong>List of Government Banks in India<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/best-banks-in-india-for-inward-remittance\/\"><strong>Best Banks in India for Inward Remittance<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/list-of-banks-in-uae-national-islamic-foreign-banks\/\"><strong>List of Banks in UAE<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-companies-in-india\/\"><strong>Top Foreign Exchange Companies in India<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/banks-that-exchange-foreign-currency\/\"><strong>Banks That Exchange Foreign Currency<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/vidya-lakshmi-portal-bank-list\/\"><strong>List of Banks in Vidya Lakshmi Portal<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/list-of-banks-with-zero-balance-accounts-in-india\/\"><strong>List of Banks with Zero Balance Accounts in India<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/list-of-approved-foreign-universities-for-education-loan\/\"><strong>List of Approved Foreign Universities for Education Loans<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Follow Us on Social Media <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-social-links is-layout-flex wp-block-social-links-is-layout-flex\"><li class=\"wp-social-link wp-social-link-instagram  wp-block-social-link\"><a href=\"https:\/\/instagram.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12,4.622c2.403,0,2.688,0.009,3.637,0.052c0.877,0.04,1.354,0.187,1.671,0.31c0.42,0.163,0.72,0.358,1.035,0.673 c0.315,0.315,0.51,0.615,0.673,1.035c0.123,0.317,0.27,0.794,0.31,1.671c0.043,0.949,0.052,1.234,0.052,3.637 s-0.009,2.688-0.052,3.637c-0.04,0.877-0.187,1.354-0.31,1.671c-0.163,0.42-0.358,0.72-0.673,1.035 c-0.315,0.315-0.615,0.51-1.035,0.673c-0.317,0.123-0.794,0.27-1.671,0.31c-0.949,0.043-1.233,0.052-3.637,0.052 s-2.688-0.009-3.637-0.052c-0.877-0.04-1.354-0.187-1.671-0.31c-0.42-0.163-0.72-0.358-1.035-0.673 c-0.315-0.315-0.51-0.615-0.673-1.035c-0.123-0.317-0.27-0.794-0.31-1.671C4.631,14.688,4.622,14.403,4.622,12 s0.009-2.688,0.052-3.637c0.04-0.877,0.187-1.354,0.31-1.671c0.163-0.42,0.358-0.72,0.673-1.035 c0.315-0.315,0.615-0.51,1.035-0.673c0.317-0.123,0.794-0.27,1.671-0.31C9.312,4.631,9.597,4.622,12,4.622 M12,3 C9.556,3,9.249,3.01,8.289,3.054C7.331,3.098,6.677,3.25,6.105,3.472C5.513,3.702,5.011,4.01,4.511,4.511 c-0.5,0.5-0.808,1.002-1.038,1.594C3.25,6.677,3.098,7.331,3.054,8.289C3.01,9.249,3,9.556,3,12c0,2.444,0.01,2.751,0.054,3.711 c0.044,0.958,0.196,1.612,0.418,2.185c0.23,0.592,0.538,1.094,1.038,1.594c0.5,0.5,1.002,0.808,1.594,1.038 c0.572,0.222,1.227,0.375,2.185,0.418C9.249,20.99,9.556,21,12,21s2.751-0.01,3.711-0.054c0.958-0.044,1.612-0.196,2.185-0.418 c0.592-0.23,1.094-0.538,1.594-1.038c0.5-0.5,0.808-1.002,1.038-1.594c0.222-0.572,0.375-1.227,0.418-2.185 C20.99,14.751,21,14.444,21,12s-0.01-2.751-0.054-3.711c-0.044-0.958-0.196-1.612-0.418-2.185c-0.23-0.592-0.538-1.094-1.038-1.594 c-0.5-0.5-1.002-0.808-1.594-1.038c-0.572-0.222-1.227-0.375-2.185-0.418C14.751,3.01,14.444,3,12,3L12,3z M12,7.378 c-2.552,0-4.622,2.069-4.622,4.622S9.448,16.622,12,16.622s4.622-2.069,4.622-4.622S14.552,7.378,12,7.378z M12,15 c-1.657,0-3-1.343-3-3s1.343-3,3-3s3,1.343,3,3S13.657,15,12,15z M16.804,6.116c-0.596,0-1.08,0.484-1.08,1.08 s0.484,1.08,1.08,1.08c0.596,0,1.08-0.484,1.08-1.08S17.401,6.116,16.804,6.116z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Instagram<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-linkedin  wp-block-social-link\"><a 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class=\"wp-block-social-link-label screen-reader-text\">Twitter<\/span><\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Did you know that some banks have been around for over 500 years? The oldest banks in the world have witnessed economic revolutions, royal transitions, and even world wars\u2014yet they continue to thrive today. From the streets of medieval Italy to the financial hubs of today, these institutions have shaped global finance as we know &#8230; <a title=\"Oldest Banks in the World: Check Which Banks Still Exist\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/\" aria-label=\"Read more about Oldest Banks in the World: Check Which Banks Still Exist\">Read more<\/a><\/p>\n","protected":false},"author":29,"featured_media":18822,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[],"class_list":["post-18815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-student-account"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oldest Banks in the World: Check Which Banks Still 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Finance"},"image":{"@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/1f13adc00f6f67e7ed5a2fb5e97bfec6","name":"Shubhika Garg","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","caption":"Shubhika Garg"},"description":"Hey there! I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.","sameAs":["https:\/\/www.facebook.com\/shubhika.garg\/","https:\/\/www.instagram.com\/shubhika.garg\/","https:\/\/www.linkedin.com\/in\/shubhikagarg71\/","https:\/\/www.tumblr.com\/blog\/shubhikahere"],"url":"https:\/\/fly.finance\/blog\/author\/shubhika\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134515500","position":1,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134515500","name":"Which bank is the oldest in the world?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The <strong>oldest bank in the world<\/strong> still in operation is <strong>Banca Monte dei Paschi di Siena<\/strong>, founded in <strong>1472 in Italy<\/strong>. It has been serving customers for over <strong>550 years<\/strong>!","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134526879","position":2,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134526879","name":"Which are the top 10 oldest banks in the world?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Here are the <strong>10 oldest banks<\/strong> that have survived centuries:<br\/><strong>Banca Monte dei Paschi di Siena (1472, Italy)<\/strong> \u2013 Oldest bank still running<br\/><strong>Berenberg Bank (1590, Germany)<\/strong> \u2013 Oldest merchant bank<br\/><strong>Sveriges Riksbank (1668, Sweden)<\/strong> \u2013 First central bank<br\/><strong>C. Hoare &amp; Co. (1672, UK)<\/strong> \u2013 Oldest privately owned bank in the UK<br\/><strong>Metzler Bank (1674, Germany)<\/strong> \u2013 Oldest family-run bank in Germany<br\/><strong>Barclays (1690, UK)<\/strong> \u2013 One of the biggest British banks today<br\/><strong>Coutts (1692, UK)<\/strong> \u2013 Banker to the British Royal Family<br\/><strong>Bank of England (1694, UK)<\/strong> \u2013 UK's central bank<br\/><strong>Bank of Scotland (1695, UK)<\/strong> \u2013 Scotland\u2019s first chartered bank<br\/><strong>Cr\u00e9dit Industriel et Commercial (1859, France)<\/strong> \u2013 One of France\u2019s oldest banks","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134527476","position":3,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134527476","name":"Which are the oldest banks in the world that are still running?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Many historical banks are still operating, but the <strong>oldest ones still in business<\/strong> include:<br\/>Banca Monte dei Paschi di Siena (1472, Italy)<br\/>Berenberg Bank (1590, Germany)<br\/>Sveriges Riksbank (1668, Sweden)<br\/>C. Hoare &amp; Co. (1672, UK)<br\/>Barclays (1690, UK)","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134528195","position":4,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134528195","name":"Which is the first bank in the world?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The world\u2019s first bank is often considered to be <strong>Banca Monte dei Paschi di Siena<\/strong>, founded in <strong>1472 in Italy<\/strong>. However, earlier banking systems existed in ancient Babylon, Egypt, and Greece.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134747288","position":5,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134747288","name":"Which is the oldest bank in India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The <strong>oldest bank in India<\/strong> is the <strong>State Bank of India (SBI)<\/strong>. It was originally established as the <strong>Bank of Calcutta in 1806<\/strong>, later renamed the <strong>Bank of Bengal<\/strong>, and eventually became SBI in <strong>1955<\/strong>.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134747800","position":6,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134747800","name":"What is the world's oldest private bank?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The world's oldest private bank is <strong>Berenberg Bank<\/strong>, founded in <strong>1590 in Hamburg, Germany<\/strong>. It is still family-owned and specializes in wealth management.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134748845","position":7,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134748845","name":"Which is the oldest bank in the world and when was it founded?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The <strong>oldest bank in the world still in operation<\/strong> is <strong>Banca Monte dei Paschi di Siena<\/strong>, founded in <strong>1472 in Italy<\/strong>.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134749324","position":8,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134749324","name":"The world\u2019s first bank was in which country?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The <strong>first modern bank<\/strong> was in <strong>Italy<\/strong>, with <strong>Banca Monte dei Paschi di Siena<\/strong> (1472) being the oldest still operating. However, banking systems existed in ancient <strong>Mesopotamia, Greece, and Rome<\/strong>.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134750715","position":9,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134750715","name":"Which is the oldest central bank in the world?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The <strong>oldest central bank<\/strong> in the world is <strong>Sveriges Riksbank<\/strong>, founded in <strong>1668 in Sweden<\/strong>. It was the first to manage a country's monetary policy.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134860905","position":10,"url":"https:\/\/fly.finance\/blog\/student-account\/oldest-banks-in-the-world\/#faq-question-1743134860905","name":"Who controls the World Bank?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The <strong>World Bank<\/strong> is controlled by <strong>189 member countries<\/strong>, with the <strong>United States holding the largest voting power<\/strong>. It is led by a <strong>President<\/strong>, traditionally nominated by the U.S. government.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/18815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=18815"}],"version-history":[{"count":0,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/18815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/18822"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=18815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=18815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=18815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}