Episode 1 of 1
Founding Act
- When
- 1695
- Where
- Edinburgh
The Parliament of Scotland passed an act in 1695 to establish the Bank of Scotland, aiming to stabilize the banking system and promote trade.
The bank was established by the Parliament of Scotland in 1695 with the specific aim of developing Scotland's trade with other countries and creating a stable banking system. It was based in Edinburgh and operated under restrictions that prohibited lending to the government without parliamentary approval.
Sources
- Bank of Scotland Wikipedia, revision of 2026-09-14
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.