What is the oldest merchant bank in the world?

Written by Editorial Team | Last Updated: August 2026

Berenberg Bank, founded in Hamburg, Germany, in 1590 by the Berenberg family, is universally recognized as the oldest merchant bank in continuous operation in the world. Originally established as a trading house before gradually transitioning into specialized merchant banking, trade finance, and private banking services for wealthy clients, the institution has maintained an unbroken operational history spanning over four centuries. Remarkably, the bank has operated continuously through numerous European conflicts, economic revolutions, and global financial transformations while preserving its foundational commitment to merchant banking excellence and conservative financial stewardship.

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