1694 CE
Founding of the Bank of England and public credit
Money, banking & finance · Banca y deuda pública
The Bank of England was founded in 1694 as a private bank acting as banker to the government and helping finance war against France. It accepted deposits and its notes evolved from deposit receipts. It is a pivotal point for English public finance, not the single origin of central banking or banknotes in Europe.
Precision, calendar, and review
- Start
- year · no uncertainty qualifier in this record
- Calendar and convention
- Historical-era years; the source calendar is not identified. No conversion of days is assumed.
- Year zero
- The scale goes from 1 BCE to 1 CE without year zero. Changing era names changes labels only.
- Documentary review
- Date not recorded
Reading the date: point event.
Sources
- www.bankofengland.co.uk (opens in a new tab)
Source provenance and scope
- Publication date
- Not identified in metadata; document review pending
- Bibliographic date checked
- 2026-09-23
The correspondence between this reference and individual claims has not yet been itemized.
This record is an editorial synthesis. Consult the sources to check claims and their limits. Chronological relationships alone do not establish causation.