List of oldest banks in continuous operation
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. While there are seven banks founded in the 17th century still remaining and 16 banks founded in the 18th century, the list is topped by the only two banks founded in the 15th and 16th centuries respectively, Banca Monte dei Paschi di Siena and Berenberg Bank. Monte dei Paschi di Siena was founded as a mount of piety in 1472 and today is one of Italy's largest retail banks, while Berenberg Bank was founded as a merchant house in Hamburg in 1590 and today is a merchant bank and private bank, and still owned by the descendants of its founders, the Berenberg family.
Contents
Banks established before 1600
Year | Company | Country (modern) |
---|---|---|
1472 | Banca Monte dei Paschi di Siena | Italy |
1590 | Berenberg Bank | Germany |
Banks established in the 17th century
Year | Company | Country (modern) |
---|---|---|
1668 | Sveriges Riksbank | Sweden |
1672 | C. Hoare & Co | England |
1674 | Metzler Bank | Germany |
1690 | Barclays | England |
1692 | Coutts | England |
1694 | Bank of England | England |
1695 | Bank of Scotland | Scotland |
Banks established in the 18th century
Year | Company | Country (modern) |
---|---|---|
1702 | Caja Madrid (now Bankia) | Spain |
1717 | Banco Etcheverría | Spain |
1717 | Drummonds Bank | United Kingdom |
1727 | The Royal Bank of Scotland | United Kingdom |
1737 | Van Lanschot | Netherlands |
1747 | Banque Nagelmackers | Belgium |
1760 | Banque Courtois | France |
1765 | Lloyds Bank | United Kingdom |
1780 | Landolt & Cie | Switzerland |
1782 | Bank of Spain | Spain |
1783 | Bank of Ireland | Ireland |
1784 | Bank of New York | United States |
1785 | Trinkaus & Burkhardt | Germany |
1786 | Hottinger & Cie | France |
1787 | La Roche & Co. | Switzerland |
1787 | Raphaels Bank | United Kingdom |
1789 | Sal. Oppenheim | Germany |
1792 | State Street Corporation | United States |
1796 | Hauck & Aufhäuser | Germany |
1796 | Lombard Odier & Cie | Switzerland |
1798 | Donner & Reuschel | Germany |
1798 | M. M. Warburg & Co. | Germany |
1799 | Bank of the Manhattan Company | United States |
Banks established in the 19th century
See also
References
- Manfred Pohl, Sabine Freitag, Handbook on the History of European Banks, European Association for Banking History, 1994