Section 8: Banking evolves Previous | Next | Section Index
The De Medici Bank was one of the first great private banking houses
The word “bank” is derived from the Italian word “banca”—the bench or counter on which transactions were made. The Medici family of Florence, Italy, founded the bank shown here in the 15th century.
Medici bank--one of first great private banking houses medici bank--one of first great private banking houses
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