The city that became the center of banking in Europe is traditionally considered to be Amsterdam. In the 16th and 17th centuries, during the Dutch Golden Age, Amsterdam emerged as a major financial hub, known for its innovative banking practices, the establishment of the Amsterdam Stock Exchange, and the development of modern banking concepts. Other cities, such as London and Frankfurt, also developed significant banking sectors later on, but Amsterdam is often recognized as the early leader in this field.
4. What city became the center of banking in Europe?
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