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Banca Monte dei Paschi di Siena S.p.A. (Italian pronunciation: [ˈbaŋka ˈmonte dei ˈpaski di ˈsjɛːna]), known as BMPS or just MPS, is an Italian bank.Tracing its history to a mount of piety founded in 1472 (552 years ago) and established in its present form in 1624 (401 years ago), it is the world's oldest bank, and the fifth largest Italian commercial and retail bank.
The world's oldest bank is Banca Monte dei Paschi di Siena, while the world's oldest merchant bank is Berenberg Bank. Banca Monte dei Paschi di Siena was founded in its present form in 1624, but traces its history to a mount of piety founded in 1472.
The city is historically linked to commercial and banking activities, having been a major banking centre until the 13th and 14th centuries. [6] Siena is also home to the oldest bank in the world, the Monte dei Paschi, which has been operating continuously since 1472 (553 years ago) (). [7]
Banca Monte dei Paschi di Siena, founded in 1472, is the world's oldest or second oldest bank in continuous operation. Italy had 11 banking group (excluding banking group that owned by foreign banks) that were supervised by the European Central Bank directly.
(Bloomberg Opinion) -- After a decade of scandals and multiple bailouts, Banca Monte dei Paschi di Siena SpA is back in the spotlight. This time, the Italian government is shopping around the 1.5 ...
Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector.
Palazzo Salimbeni is a Gothic style urban palace located on the Piazza Salimbeni, just off Via Banchi di Sopra in the Terzo di Camollia of the city of Siena, region of Tuscany, Italy. The building, associated with an ancient mercantile family of Siena, currently houses the main offices of the Banca Monte dei Paschi di Siena , the oldest bank in ...
English: Banca Monte dei Paschi di Siena S.p.A., the oldest surviving bank in the world and Italy's third largest bank. Founded in 1472. Founded in 1472. Italiano: Banca Monte dei Paschi di Siena S.p.A. , la più antica banca al mondo ancora in attività e la terza banca italiana per dimensione.