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The first banknotes in Europe are issued by the Swedish bank Stockholms Banco.
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Banknote
Paper money issued by a bank
A banknote or bank note – also called a bill or simply a note – is a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the…Source: Wikipedia (CC BY-SA)
Stockholms Banco
Historic bank in Sweden (1661–67)
Stockholms Banco was the first European bank to print banknotes. It was founded in 1657 by Johan Palmstruch in Stockholm, began printing banknotes in 1661, but ran into financial difficulties and was liquidated in 1667. Stockholms Banco was the immediate precursor to the central…Source: Wikipedia (CC BY-SA)