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.

The merchant banker Cornelius Berenberg, a member of the Berenberg family, whose grandfather founded Berenberg Bank in 1590
Banca Monte dei Paschi di Siena headquarters in Siena today

Depending on the definition, the world's oldest bank is either Banca Monte dei Paschi di Siena or 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 Berenberg company was founded in 1590 and has operated continuously ever since with the same family as owners or major co-owners. Banca Monte dei Paschi di Siena is today a large Italian retail bank, while Berenberg Bank is primarily involved in investment banking and private banking for wealthy customers; in any event Berenberg Bank is the world's oldest merchant bank or investment bank. The world's oldest central bank is the Sveriges Riksbank, which was founded in 1668.

Banks established before 1600

Year Company Country (historic) Country (modern) Notes
1472

1624

Banca Monte dei Paschi di Siena Siena, Republic of Florence Italy Tracing its history to a mount of piety founded in 1472, but founded in its present form in 1624. Since 2017, the main shareholder is the Italian Ministry of Economy and Finance (68.247% in 2017).
1563

2007

Intesa Sanpaolo Turin, Duchy of Savoy Italy Formed by a meger in 2007, Intesa Sanpaolo has an unbroken link to the Istituto Bancario San Paolo di Torino founded in 1563
1590 Berenberg Bank Hamburg, Holy Roman Empire Germany The oldest bank operating continuously with the same legal identity; the oldest merchant bank

Banks established in the 17th century

Year Company Country (historic) Country (modern) Notes
1664 Child & Co. Kingdom of England United Kingdom The oldest bank in the United Kingdom. A branch of the Royal Bank of Scotland
1668 Sveriges Riksbank Kingdom of Sweden Sweden The world's oldest central bank
1672 C. Hoare & Co. Kingdom of England United Kingdom One of the oldest British banks and the oldest privately owned bank, not a Limited Company.
1674 Metzler Bank Free City of Frankfurt Germany
1690 Barclays Kingdom of England United Kingdom
1692 Coutts & Co. Kingdom of England United Kingdom Part of NatWest Group
1694 Bank of England Kingdom of England United Kingdom
1695 Bank of Scotland Kingdom of Scotland United Kingdom

Banks established in the 18th century

Year Company Country (historic) Country (modern) Notes
1717 Drummonds Bank Kingdom of Great Britain United Kingdom A branch of the Royal Bank of Scotland
1727 Royal Bank of Scotland Kingdom of Great Britain United Kingdom Part of NatWest Group
1737 Van Lanschot Dutch Republic Netherlands The oldest independent bank in the Netherlands[1] and the Benelux.[2][3]
1747 Banque Nagelmackers Liège Belgium
1750 Rahn+Bodmer Zürich Switzerland
1760 Banque Courtois Kingdom of France France
1765 Lloyds Bank Kingdom of Great Britain United Kingdom
1774 Fürstlich Castell'sche Bank Würzburg Germany
1780 Landolt & Cie Neuchâtel Switzerland
1782 Bank of Spain Spain Spain
1783 Bank of Ireland Kingdom of Ireland Republic of Ireland and Northern Ireland
1784 The Bank of New York United States United States Oldest US bank tracing to its original incorporation, without resorting to an acquired predecessor
1785 Trinkaus & Burkhardt Palatinate Germany Acquired in 1980s by Midland Bank and then 1992 to British bank HSBC
1786 Hottinger & Cie Kingdom of France Switzerland
1787 La Roche & Co. Basel Switzerland
1787 Raphaels Bank Kingdom of Great Britain United Kingdom
1789 Sal. Oppenheim Cologne Germany Acquired by Deutsche Bank, which began shutting it down as a separate entity in 2017
1792 State Street Corporation United States United States Age dated to predecessor Union Bank
1796 Hauck & Aufhäuser Free City of Frankfurt Germany
1796 Lombard Odier & Cie Geneva Switzerland
1798 Donner & Reuschel Hamburg Germany
1798 M. M. Warburg & Co. Hamburg Germany
1799 Bank of the Manhattan Company United States United States Predecessor institution to JPMorgan Chase

Banks established in the 19th century

Year Company Country (historic) Country (modern) Notes
1800 Washington Trust Company United States United States United States' oldest commercial bank
A Rhode Island Community Bank
1800 Banque de France French Republic France
1804 Schroders United Kingdom United Kingdom
1805 Pictet & Cie France (Léman (department)) Switzerland
1806 State Bank of India Calcutta under the British East India Company India India's oldest bank
1808 Banco do Brasil Brazil Brazil Brazil's oldest bank
1810 Brown, Shipley & Co. United Kingdom United Kingdom
1811 N M Rothschild & Sons United Kingdom United Kingdom
1811 Bank of Finland Grand Duchy of Finland, Russian Empire Finland
1812 Citibank United States United States Originally City Bank of New York and then National City Bank of New York
1812 Sparkasse Schwyz Swiss Confederation Switzerland
1814 Caisse d'Epargne Riviera Switzerland Switzerland Founded by visionary philanthropists, Caisse d'Epargne Riviera is one of the oldest active banks in Switzerland.
1814 De Nederlandsche Bank Netherlands Netherlands Precursor: Amsterdam Wisselbank, founded in 1609 and the first Central bank in the world
1815 Banque Bonhôte Swiss Confederation Switzerland
1816 Norges Bank Norway Norway Central bank of Norway, founded on the capital of privately owned silver which was delivered to the bank
1816 Cater Allen Private Bank United Kingdom United Kingdom
1817 SNS Bank Netherlands Netherlands
1817 Bank of Montreal Lower Canada Canada
1817 Bank of New South Wales Colony of New South Wales Australia
1818 Brown Brothers Harriman & Co. United States United States
1818 Groupe Caisse d'Épargne Kingdom of France France
1818 Berliner Sparkasse Prussia Germany
1818 Danmarks Nationalbank Denmark Denmark
1819 Mirabaud & Cie Swiss Confederation Switzerland
1819 Erste Bank Austrian Empire Austria
1819 BankNewport United States United States as Newport Savings Bank
1820 Nordea Finland Finland
1820 Swedbank Sweden Sweden
1820 Institution for Savings United States United States
1822 Bank of the Province of Buenos Aires Argentina Argentina
1822 DNB Norway Norway as Christiania Sparebank
1824 Stadtsparkasse München Bavaria Germany
1825 Česká spořitelna Bohemia, Austrian Empire Czech Republic
1825 Key Bank United States United States oldest ancestor chartered as Commercial Bank of Albany
1826 AEK Bank 1826 Restored Swiss Confederacy Switzerland
1827 Hamburger Sparkasse Hamburg Germany
1828 Bankhaus Spängler Austrian Empire Austria
1828 De Curaçaosche Bank Curaçao Curaçao
1828 Citizens Financial Group United States United States
1828 Centreville Bank United States United States
1828 Bank Indonesia Dutch East Indies Indonesia as De Javasche Bank, the current form was nationalized and officially founded in 1953
1829 Clientis Caisse d’Epargne CEC Restored Swiss Confederacy Switzerland
1831 Dedham Institution for Savings United States United States
1831 National Grand Bank United States United States
1832 Wilmington Savings Fund Society United States United States
1832 Scotiabank Lower Canada Canada
1833 Chemung Canal Trust Company United States United States
1833 Arbuthnot Latham United Kingdom United Kingdom
1834 Bank BSU Restored Swiss Confederacy Switzerland
1834 First Financial Bank United States United States as Terre Haute branch of the Second State Bank of Indiana
1834 Old National Bank United States United States
1835 Australia and New Zealand Banking Group British Empire Australia founded in London as Bank of Australasia; first branch in Sydney
1836 The Honesdale National Bank United States United States
1836 Ulster Bank United Kingdom United Kingdom & Republic of Ireland Now a subsidiary of NatWest and operates in two countries
1838 Ballston Spa National Bank United States United States
1838 Clydesdale Bank United Kingdom United Kingdom
1838 First National Bank Cape Colony South Africa
1838 Mauritius Commercial Bank British Mauritius Mauritius
1839 Provident Bank of New Jersey United States United States
1840 Montepio Portugal Portugal
1841 National Bank of Greece Kingdom of Greece Greece
1841 Sberbank Russian Empire Russia as Russian Imperial Savings Associations
1844 Bordier & Cie Restored Swiss Confederacy Switzerland
1844 CaixaBank Spain Spain as Caixa de Barcelona
1846 Banco de Portugal Portugal Portugal
1847 Auckland Savings Bank New Zealand New Zealand
1847 National Iron Bank United States United States Oldest private bank in New England
1848 Lazard United States United States
1849 Oddo et Cie France France
1849 Hoerner Bank Baden Germany
1849 Australian Mutual Provident Society New South Wales Australia
1850 Spar- und Leihkasse Bucheggberg Switzerland Switzerland
1850 Bank Sparhafen Zürich Switzerland Switzerland
1850 Volksbank Austrian Empire Austria
1851 Essex Savings Bank United States United States
1852 PNC Bank United States United States
1851 Bank of the Philippine Islands Spanish Philippines Philippines Oldest bank in Southeast Asia
1852 Crédit Foncier de France France France
1852 Wells Fargo United States United States
1853 Beneficial Bank United States United States
1854 Newburyport Five Cents Savings Bank United States United States
1854 UBS Switzerland Switzerland
1855 Salem Five Cents Bank United States United States
1855 Toronto-Dominion Bank Province of Canada Canada as Bank of Toronto; merged with The Dominion Bank in 1955
1856 Credit Suisse Switzerland Switzerland
1856 Banque et Caisse d'Épargne de l'État Luxembourg Luxembourg
1856 Garanti Bank Ottoman Empire Turkey as Ottoman Bank; merged 2001
1856 M&T Bank United States United States
1856 Regions Bank United States United States as 1st National Bank of Huntsville; merged with two other banks in 1971
1857 Baraboo State Bank United States United States
1857 Santander Spain Spain
1857 Banco Bilbao Vizcaya Argentaria Spain Spain
1858 Fifth Third Bank United States United States
1858 Bendigo Bank Colony of Victoria Australia
1858 Standard Chartered British Raj India
1859 National Bank of Canada Province of Canada Canada
1859 Standard Chartered (Singapore) Straits Settlement Singapore First few foreign banks established in Singapore.
1860 State Bank of the Russian Empire Russian Empire Russia
1861 Caixa Econômica Federal Empire of Brazil Brazil
1861 Bank of New Zealand New Zealand New Zealand
1861 Associated Bank United States United States
1862 Bank Spółdzielczy w Brodnicy Prussia Poland
1862 Standard Bank Cape Colony South Africa
1863 Crédit Lyonnais Second French Empire France
1863 U.S. Bank United States United States through merger with The First National Bank of Cincinnati (National Charter #24)
1863 Ziraat Bankası Ottoman Empire Turkey
1864 First National Bank of Pennsylvania United States United States as First National Bank of West Greenville
1864 First Horizon National Corporation United States United States as First National Bank
1864 Royal Bank of Canada Province of Canada Canada
1864 Société Générale Second French Empire France
1864 CEC Bank Romanian United Principalities Romania
1864 Banco de Londres y México Mexico Mexico
1865 HSBC British Hong Kong Hong Kong, China as The Hongkong and Shanghai Bank
1865 Allahabad Bank British Raj India
1867 Bank of Stockton United States United States
1867 Canadian Imperial Bank of Commerce Province of Canada Canada as Canadian Bank of Commerce; merged on 1 June 1961 with the Imperial Bank of Canada
1868 Busey Bank United States United States both Busey Brothers Bank, and bought-out The Bank of Edwardsville, date back to 1868
1868 Sandy Spring Bank United States United States
1868 Oldenburgische Landesbank Oldenburg Germany
1869 The Savings Bank United States United States founded as the Wakefield Savings Bank
1869 Goldman Sachs United States United States
1869 Baker Boyer Bank United States United States
1870 Banco de Bogotá Colombia Colombia
1870 Bank Handlowy Congress Poland, Russian Empire Poland
1870 Commerzbank Kingdom of Prussia Germany
1870 Deutsche Bank Kingdom of Prussia Germany
1870 Dominick & Dominick United States United States
1870 Zürcher Kantonalbank Switzerland Switzerland
1871 Banco Nacional de Bolivia Bolivia Bolivia
1871 Danske Bank Denmark Denmark
1871 Handelsbanken Sweden Sweden
1871 Wayne Bank United States United States
1872 Truist Financial United States United States
1873 The Daishi Bank (ja) Japan Japan
1873 Zions Bank United States United States
1874 Bank of Queensland Queensland Australia
1875 Toowoomba Permanent Building Society Queensland Australia
1875 Standard Chartered Bank Straits Settlements Malaysia
1876 Pharaon & Chiha Bank Ottoman Empire Lebanon Oldest bank in Lebanon; acquired by Byblos Bank in 2016[4]
1876 Caixa Geral de Depósitos Portugal Portugal
1877 POSB Bank Straits Settlements Singapore Singapore's oldest local bank.
1877 Banco de Costa Rica Costa Rica Costa Rica
1877 QNB Bank United States United States
1877 The Juroku Bank (ja) Japan Japan
1877 The Eighteenth Bank (ja) Japan Japan
1878 Close Brothers Group United Kingdom United Kingdom
1878 Bank of the City of Buenos Aires Argentina Argentina
1878 The Hyakujushi Bank (ja) Japan Japan
1878 The 77 Bank Japan Japan
1878 The Hyakugo Bank (ja) Japan Japan
1879 Alpha Bank Kingdom of Greece Greece
1879 Bulgarian National Bank Principality of Bulgaria Bulgaria
1879 Kakegawa Shinkin Bank (ja) Japan Japan
1880 Illawarra Mutual Building Society Colony of New South Wales Australia
1880 National Bank of Romania Romania Romania
1881 Oppenheimer United States United States
1881 Banc Sabadell Spain Spain
1881 Bank of Clarke County United States United States
1882 Crédit Mutuel French Third Republic France
1882 Bank of Japan Japan Japan
1883 Bank Mendes Gans Netherlands Netherlands
1883 Hancock Bank United States United States
1884 Tatra banka Kingdom of Hungary Slovakia
1884 National Bank of Serbia Kingdom of Serbia Serbia
1884 Banque de Tunisie French protectorate of Tunisia Tunisia
1884 Banco Nacional de Mexico Mexico Mexico
1885 Banco Davivienda El Salvador El Salvador El Salvador
1886 Banca Sella Group Kingdom of Italy Italy as Gaudenzio Sella & C.
1886 E. Gutzwiller & Cie. Banquiers Switzerland Switzerland
1886 Obwaldner Kantonalbank Switzerland Switzerland
1886 Banco Francés del Río de la Plata Argentina Argentina
1887 Banco Nacional de la República Oriental del Uruguay Estado Oriental del Uruguay República Oriental del Uruguay The only part of the bank that did not go into bankruptcy, the mortgage section, became in 1892 the Banco Hipotecario del Uruguay, nationalized in 1912 and still in operation.
1888 Powell Valley National Bank United States United States
1889 Bryn Mawr Trust United States United States
1889 Northern Trust United States United States
1889 First National Bank of Berryville United States United States
1890 Banco de Venezuela Venezuela Venezuela
1891 Banco de la Nación Argentina Argentina Argentina
1893 Banca d'Italia Kingdom of Italy Italy
1893 Banco de Chile Chile Chile
1893 Blue Ridge Bank United States United States
1893 National Australia Bank Colony of Victoria Australia
1894 First Bank of Nigeria Lagos Colony Nigeria
1895 Punjab National Bank British Raj India
1895 Bankwest Colony of Western Australia Australia as Agricultural Bank of Western Australia; from October 2008 a corporate division of Commonwealth Bank of Australia
1895 Bank Rakyat Indonesia Dutch East Indies Indonesia
1895 Bay State Savings Bank United States United States
1896 The Awa Bank (ja) Japan Japan
1896 Banco de la República Oriental del Uruguay Uruguay Uruguay
1896 Kenya Commercial Bank Group East Africa Protectorate Kenya as a subsidiary of National Bank of India
1898 National Bank of Egypt Egypt Egypt
1899 Bank of Cyprus British Cyprus Cyprus
1899 Fukui Bank (ja) Japan Japan
1899 Bank of Taiwan Japan-administered Formosa Taiwan
1899 First Commercial Bank Japan-administered Formosa Taiwan

See also

References

  1. International Investment UBS to sell its Netherlands wealth management bizhttps://www.internationalinvestment.net/internationalinvestment/news/3503988/ubs-sell-netherlands-wealth-management-biz Accessed 2 January 2021
  2. "A Chinese carmaker agrees to buy a Danish investment bank". The Economist. 5 October 2017.
  3. The New York Times Belgian Bank Deal 25 April 1990 https://www.nytimes.com/1990/04/25/business/company-news-belgian-bank-deal.html Accessed 2 January 2021
  4. "News Room | Byblos Bank Acquires Banque Pharaon & Chiha | Lebanon | Byblos Bank". www.byblosbank.com. Retrieved 23 September 2019.

Literature

  • Manfred Pohl, Sabine Freitag, Handbook on the History of European Banks, European Association for Banking History, 1994
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