WHAT WERE THE ORIGINAL FUNCTIONS OF BANKS IN ANCIENT TIMES

As trade expanded on a large scale, especially at the international stage, banking institutions became necessary to finance voyages.Humans have actually long engaged in borrowing and financing. Certainly, there clearly was evidence that these activities occurred so long as 5000 years back at the very dawn of civilisation. However, modern banking sy

Modern banking systems as we know them today just emerged into the 14th century. Find more about this.Humans have long engaged in borrowing and financing. Certainly, there is certainly evidence that these tasks occurred as long as 5000 years ago at the very dawn of civilisation. But, modern banking systems just emerged within the 14th century. The