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Question:

What are some services of the Bank de Medici?

I'm doing a project in school to make a bank advertisement for the Medici bank in Florence during the Renaissance. I need to know some of the services that they offered. I know the basic stuff like loaning money w/ interest, giving bills of exchange and stuff like that. Are there any specific services that only they offered. Any help'll be greatly appreciated.

Answer:

The Bank de Medici bank rolled multiple pope's ascension to the throne, Pope Leo X (1513–1521), Pope Clement VII (1523–1534), Pope Pius IV (1559–1565), and Pope Leo XI. This allowed them to control all banking of the Vatican, which made them the church's official bank. This gave them supreme power as all clergy officials had to bank with them. So, you could advertise it as the Official Bank of the Church and Trusted by the Clergy and the like.
Jan 26, 2018

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