Foundation and First Mentions
The history of Genoa is rooted in deep antiquity. The first settlements at this location, belonging to the Ligurian tribe, date back to the 5th–6th centuries BC. Thanks to its convenient natural harbour, this place was already known in antiquity as a trading post where the interests of Greeks and Etruscans intersected. During the Punic Wars, the city acted as an ally of Rome, for which it was destroyed by the Carthaginians in 205 BC, but was soon rebuilt by the Romans, who appreciated its strategic importance. After the fall of the Roman Empire, Genoa survived the rule of Ostrogoths, Byzantines, and Lombards, gradually accumulating strength for its future flourishing.
Key Factors of Formation
The transformation of Genoa into a powerful maritime power was driven by several factors. Starting from the 10th-11th centuries, the commune city began to develop rapidly, and the Republic of Genoa was soon formed, dominating the Mediterranean for several centuries.
- Geographical Location: The city is located on the shores of the Ligurian Sea in the centre of the Gulf of Genoa, which provided it with ideal conditions for creating a protected and major port — the gateway to Northern Italy and Europe.
- Maritime Trade: Active participation in the Crusades allowed Genoese merchants to establish numerous colonies and trading posts throughout the Mediterranean and the Black Sea. Trade in spices, fabrics, grain, and precious metals brought colossal revenues. The medieval saying "a Genoese means a merchant" perfectly reflected the spirit of the city.
- Political and Military Power: The powerful fleet of Genoa successfully competed with the flotillas of Pisa and Venice, winning a number of significant victories, for example, in the Battle of Meloria (1284). Power in the republic belonged to the wealthiest merchant families, such as the Doria, Spinola, and Grimaldi, who managed the city like their own trading company.
Early Cultural and Economic Features
Economic growth shaped the unique appearance of Genoa. The city became not only a trading hub but also one of the leading financial centres of Europe. In 1407, the Bank of Saint George (Banco di San Giorgio) was founded here, considered one of the first commercial banks in the world. The financial power of Genoese bankers was so great that they lent to the kings of Spain, financing their overseas expeditions. The wealth of the city was reflected in its architecture: luxurious noble palaces (Palazzi dei Rolli) and monumental churches still adorn the historic centre, which is one of the largest in Europe.