The Bank of Hamburg (German: Hamburger Bank) was a public credit institution founded in 1619 by the Free City of Hamburg. It issued a fully silver-backed currency known as the Mark Banco, which was used to stabilize trade and protect against debased coinage.
The Bank of Hamburg (German: Hamburger Bank) was a public credit institution founded in 1619 by the Free City of Hamburg. It issued a fully silver-backed currency known as the Mark Banco, which was used to stabilize trade and protect against debased coinage.
Source: Wikipedia "Bank of Hamburg" · CC BY-SA 4.0
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