The Public Banks of Naples
Finance & History25 Maalis 2022

The Public Banks of Naples

Is there good beyond profit?

Lilia Costabile (University of Naples) and Carmen Hofmann (eabh) take a long view back at the creation and functioning of the Public Banks of Naples in the 16th century. These banks developed as auxiliary departments of charitable institutions and became the backbone of the Kingdom's financial and economic success. How did they achieve long-lasting success and resilience? And can we take inspiration for current debates about how to create a resilient financial system or how finance makes a significant contribution to society as whole?

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