ANALYSING TRANSFORMATIONS IN THE BANKING SYSTEM IN THE PAST

Analysing transformations in the banking system in the past

Modern banking systems as we know them today only emerged within the 14th century. Find more about this.Humans have long engaged in borrowing and lending. Indeed, there was proof that these tasks occurred as long as 5000 years ago at the very dawn of civilisation. Nevertheless, modern banking systems only emerged in the 14th century. The word bank

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