Economy, asked by jaiswalmonika413, 5 months ago

the first real bank was set up in which year in spain

Answers

Answered by crazygirl60

Answer:

1782

Originally named the Banco Nacional de San Carlos, it was founded in 1782 by Charles III in Madrid, to stabilize government finances through its state bonds (vales reales) following the American Revolutionary War in which Spain gave military and financial support to the Thirteen Colonies.

Answered by anjalisharma32

Answer:

1782

Explanation:

Originally named the Banco Nacional de San Carlos, it was founded in 1782 by Charles III in Madrid, to stabilize government finances through its state bonds (vales reales) following the American Revolutionary War in which Spain gave military and financial support to the Thirteen Colonies.

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