Encyclopedia of Early Modern History Online

Get access

State bank
(1,407 words)

1. Definition and beginnings in Amsterdam

A state bank or central bank can perform a variety of tasks (Bank). Today it usually regulates the monetary policy of a country, creates its currency, acts as a “lender of last resort” for other banks, and exercises supervisory power over the financial sector. In the early modern period, none of the public banks performed all these functions at the same time…

Cite this page
't Hart, Marjolein, “State bank”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 28 September 2023 <http://dx.doi.org/10.1163/2352-0272_emho_COM_027927>
First published online: 2015
First print edition: 20180208

▲   Back to top   ▲