which country is home to the world’s oldest bank still in operation?
Which country is home to the world’s oldest bank still in operation?
Answer:
The world’s oldest bank still in operation is located in Italy. The honor of being the oldest bank goes to Banca Monte dei Paschi di Siena, which is located in Siena, Italy. Founded in 1472, Banca Monte dei Paschi di Siena has a rich history dating back over five centuries, making it the oldest operating bank in the world. It has survived through numerous economic fluctuations, wars, and financial crises, continuing to operate and serve its customers to this day. This bank’s long-standing presence is a testament to its resilience, adaptability, and enduring legacy in the banking industry.