As well as making Edinburgh a royal burgh, King David I created Scotland’s first coins in the 12th century kickstarting the country’s economy. Read our City of Finance story and find out how early trading expanded beyond Scotland, the formation of Scotland’s first bank in the late 17th century, and the disastrous Darien Venture which would have far-reaching consequences for the country.
The story also touches on technological advances, from the introduction of bank notes in 1696 to almost 300 years later, the arrival of The Home and Office Banking Service, a forerunner to internet banking.
This story was kindly contributed by the Museum on the Mound.