Where is the world's 'oldest bank' situated ?
Where is the world's 'oldest bank' situated ?
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Time, when even the meaning of the word 'bank' was not discovered this new innovative infrastructure was built. 'Monte Dei Paschi' is the world's oldest bank and the third largest bank of the world. This bank was the main capital collateral for the people of Italy.

As per the reports this bank was failed to raise the stack from the government as well as private investors.

Italy had clutched this organisations due to the capitalization reasons, it means bank had hold over Euro. 2 billion from bank bond and nearly Euro. 5 billion from government. This failure grabbed this organisation to the hands of Italy court, which have finally decided to bail out this largest bank of the world.

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