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Banca Monte dei Paschi di Siena

8 story sections
History & cultureBY TELLBY

Contents

8 sections · tap a section for its opening lines
  1. 1Orientation

    Welcome to Piazza Salimbeni, a space that is as much a testament to the history of finance as it is to the beauty of architecture. You are standing in front of the headquarters of the Banca Monte dei Paschi di Siena, which holds…

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  2. 2Piazza Salimbeni — A Financial Trio

    Take a moment to appreciate the symmetry and grandeur of Piazza Salimbeni. This square is not a traditional medieval space but rather a carefully composed architectural ensemble. …

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  3. 3The Founding of 1472 — A Mountain of Piety

    The origins of Monte dei Paschi are rooted in the concept of charity rather than profit. In 1472, the General Council of the Republic of Siena approved the statutes of the 'Monte di Pietà.' This was a religious and social…

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  4. 4The Salimbeni Fortress — From Feud to Finance

    The central palace, Palazzo Salimbeni, has a history as dramatic as any in Siena. In the 13th and 14th centuries, the Salimbeni family were the undisputed leaders of the city's Ghibelline faction. …

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  5. 5Banking as a Medieval Republic Trade

    To understand why the world's oldest bank is in Siena, one must understand the 'industry that facilitated the trade' in medieval Italy. During the Middle Ages, Italian republics like Siena, Florence, and Venice were the financial…

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  6. 6The Statue of Bandini — A Vision of Free Trade

    The man standing atop the pedestal in the center of the square is Sallustio Bandini. Born in Siena in 1677, Bandini was an archdeacon and a prominent intellectual of the Enlightenment. …

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  7. 7The Bank and the City — A Symbiotic Relationship

    The relationship between Banca Monte dei Paschi and the city of Siena is unique. In most cities, a bank is just a financial institution, but in Siena, 'il Monte' is a civic pillar. …

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  8. 8Closing

    Our visit to the world's oldest bank concludes here in Piazza Salimbeni. We have walked through the transition from the Salimbeni family's medieval fortress to the unified headquarters of a global financial institution. …

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What is Banca Monte dei Paschi di Siena?

Banca Monte dei Paschi di Siena is a place with 8 story sections on Tellby. You can read the opening of each section on this page; the sound plays in the app.

Key facts
TypeHeritage
Story sections8
Text languageEnglish
Coordinates43.3213, 11.3308
Last updated

Nearby places

within a 5-minute walk
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