Multiple choice general knowledge history

Oldest surviving bank in the world ?

  1. Bank of Saint George

  2. Monte dei Paschi di Siena

  3. Bank of North America

  4. Bank of America

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Monte dei Paschi di Siena (MPS) in Italy, founded in 1472, is widely recognized as the oldest surviving bank in the world. It has been operating continuously for over 550 years. The Bank of Saint George (1407) no longer exists as an independent institution, while American banks (Bank of North America, Bank of America) are much more recent (18th-20th century).

AI explanation

Banca Monte dei Paschi di Siena, founded in 1472 in Siena, Italy, is widely recognized as the oldest bank in the world still in operation today. The Bank of Saint George (Genoa) and the Bank of North America are notable early banks but either closed long ago or were founded later, and Bank of America is a modern institution founded in the 20th century.