Economy & Finance in the 12th century
11 sourced entries, 1107 CE to 1194 CE, oldest first. Also see Economy & Finance across every century or everything else in the 12th century.
- 1107Chinese authorities print paper money in three colors to thwart counterfeiting (approximate date).source
- 1112Salzwedel in the Altmark (modern Germany) is founded.source
- 1118Zbraslav, now part of Prague, is founded.source
- 1141The Italian winemaking company Ricasoli is founded.source
- 1149Genoa grants the benefits of a part of the city's fiscal revenues to a consortium of creditors called compera, the first example of the consolidation of public debt in medieval Europe.source
- 1158To restore confidence in the English currency, Henry II mints a new penny (known to specialists as the Tealby penny) with his own image.source
- 1164Venice secures its loans against fiscal revenues, to obtain lower interest rates. In the first operation of this kind, the Republic obtains 1150 silver marci, for 12 years of the taxes levied on the Rialto market.source
- 1173Approximate date – King Béla III of Hungary invites Cistercian and Premonstratensian monks to Hungary. They introduce advanced agricultural methods in the realm.source
- 1185Evidence is first uncovered that Henry II of England is using the safes of the Temple Church in London (consecrated February 10), under the guard of the Knights Templar, to store part of his treasure.source
- 1187Orio Mastropiero, doge of Venice, secures loans from the Venetian nobility to finance the siege of Zadar. Pledging the income from the Salt Office becomes a staple of the city's finance.source
- 1194May 2 – Richard I grants Portsmouth market-town status with a royal charter. He orders the construction of docks on The Solent – having seen that the harbour is a perfect base for trade and the English fleet.source