Medici Bank

E646709

Medici Bank was a powerful and influential Renaissance-era financial institution run by the Medici family, which played a central role in European banking and politics.

All labels observed (3)

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf bank
activity deposit taking
foreign exchange
lending
papal finance
trade finance
branch Avignon
Bruges
Geneva
London
linked to: London, England

Lübeck
Milan
Naples
Pisa
Rome
Venice
client European princes
Roman Curia
merchant houses
papacy
country Republic of Florence
dissolved 1494
era Renaissance
foundedBy Giovanni di Bicci de' Medici
Medici family
headquartersLocation Florence
historicalSignificance helped develop early modern banking practices
major financial power in 15th‑century Europe
inception 1397
industry banking
finance
locatedIn Florence
notableEmployee Cosimo de' Medici
Giovanni di Bicci de' Medici
Lorenzo de' Medici
Piero di Cosimo de' Medici
ownedBy Medici family
reasonForDecline bad loans
mismanagement
political upheaval in Florence
significantEvent became principal banker to the papacy
contributed to Medici patronage of the arts
financed Medici political rise in Florence
usedInstrument bills of exchange
letters of credit

How these facts were elicited

Referenced by (11)

Full triples — surface form annotated when it differs from this entity's canonical label.

Giuliano de' Medici associatedWith Medici Bank
Medici family founded Medici Bank
Tommaso Portinari employer Medici Bank
Tommaso Portinari associatedWith Medici Bank
Pazzi family associatedWith Florentine banking network
linked to: Medici Bank
Florentine oligarchy associatedWith Florentine banking houses
linked to: Medici Bank