It is generally believed that the earliest bank was established in Venice in 1407. Later, the Netherlands set up banks in Amsterdam, Germany in Hamburg and Britain in London. From the end of 18 to the beginning of 19, the bank developed in general.
/kloc-in the 0 th and 7 th centuries, some civilians became rich through business and became wealthy businessmen. To be on the safe side, they all put their money in the king's vault. It should be noted here that there was no paper money at that time, and the so-called saving money refers to storing gold.
Because the system of "free coinage" was implemented at that time, anyone could take gold bullion to the mint and cast it into gold coins, so the mint allowed customers to store gold. Unfortunately, these businessmen don't realize that the mint belongs to the king. If the king wants to use the gold in the mint, nothing can stop him.
1638, the king of England was Charles I, who had a war with Scottish nobles. In order to raise military expenses, he requisitioned gold from the people in the mint and lent it to the king.