The Bank of Amsterdam or Wisselbank (Dutch: Amsterdamsche Wisselbank, lit. 'Exchange Bank of Amsterdam') was an early bank, vouched for by the city of Amsterdam, and established in 1609. It was the first public bank to offer accounts not directly convertible to coin. As such, it has been described by some as the first true central bank, even though that view is not uniformly shared. The Amsterdam Wisselbank was also active in the production of coins.
Wisselbank of Amsterdam established
The Bank of Amsterdam or Wisselbank (Dutch: Amsterdamsche Wisselbank, lit. 'Exchange Bank of Amsterdam') was an early bank, vouched for by the city of Amsterdam, and established in 1609.
Historical Significance
The Bank of Amsterdam or Wisselbank (Dutch: Amsterdamsche Wisselbank, lit.
Events Before
English traveller Robert Shirley marries Iranian noblewoman Teresa Sampsonia at the Safavid royal court
Teresa Sampsonia was a Circassian-English noblewoman of Safavid Iran. She was the wife of the Elizabethan English adventurer Robert Shirley, whom she accompanied on his travels and embassies across...
Reynier van Oldenbarnevelt marries Anna Weytzen in Delft
Reynier van Oldenbarnevelt marries Anna Weytzen in Delft
Fire destroys Jamestown, Virginia
This is a timeline of events related to the establishment of Jamestown, which today is located the U.S. state of Virginia.
Susenyos is formally crowned Emperor of Ethiopia
Susenyos I (Ge'ez: ሱስንዮስ Sūsinyōs; c. 1571–1575 – 17 September 1632), also known as Susenyos the Catholic, was Emperor of Ethiopia from 1607 to 1632, and a member of the Solomonic dynasty.
Dutch trading ship arrives at the kingdom of Loango (modern Congo) to acquire ivory, their king requests audience with V
Dutch trading ship arrives at the kingdom of Loango (modern Congo) to acquire ivory, their king requests audience with VOC official Pieter van den Broecke [1]
Events After
Galileo Galilei discovers the first three moons of Jupiter: Io, Europa and Ganymede
There are 97 known moons of the planet Jupiter. This number does not include a number of meter-sized moonlets thought to be shed from the inner moons, nor hundreds of possible kilometer-sized outer…
First Dutch settlers arrive from New Jersey to colonize Manhattan Island
First Dutch settlers arrive from New Jersey to colonize Manhattan Island
John Guy sets sail from Bristol with 39 other colonists for Newfoundland
John Guy sets sail from Bristol with 39 other colonists for Newfoundland
Polish King Wladyslaw IV Vasa claims crown as King of Russia (disputed)
Władysław IV Vasa or Ladislaus IV (9 June 1595 – 20 May 1648) was King of Poland, Grand Duke of Lithuania and claimant of the thrones of Sweden and Russia.
Henry IV of France dies
Henry IV of France dies
More from the 1600s
Scotland begins its numbered year on January 1 instead of March 25
A leap year (also known as an intercalary year or bissextile year) is a calendar year that contains an additional day (or, in the case of a lunisolar calendar, a month) compared to a common year.
First edition of "El ingenioso hidalgo don Quijote de la Mancha" (Part One of Don Quixote) by Miguel de Cervantes is pub
First edition of "El ingenioso hidalgo don Quijote de la Mancha" (Part One of Don Quixote) by Miguel de Cervantes is published in Madrid
English traveller Robert Shirley marries Iranian noblewoman Teresa Sampsonia at the Safavid royal court
Teresa Sampsonia was a Circassian-English noblewoman of Safavid Iran. She was the wife of the Elizabethan English adventurer Robert Shirley, whom she accompanied on his travels and embassies across...
A fleet of five British East India Company vessels departs on its first voyage from London, led by James Lancaster comma
A fleet of five British East India Company vessels departs on its first voyage from London, led by James Lancaster commanding the "Red Dragon"; the journey lasts nearly 16 months
Frequently Asked Questions
- What happened on January 31, 1609?
- The Bank of Amsterdam or Wisselbank (Dutch: Amsterdamsche Wisselbank, lit. 'Exchange Bank of Amsterdam') was an early bank, vouched for by the city of Amsterdam, and established in 1609. It was the first public bank to offer accounts not directly convertible to coin.
- Why is Wisselbank of Amsterdam established significant?
- The Bank of Amsterdam or Wisselbank (Dutch: Amsterdamsche Wisselbank, lit.