WHAT WERE THE ORIGINAL FUNCTIONS OF BANKS IN ANCIENT TIMES

As trade expanded on a large scale, particularly on the international stage, banking institutions became required to fund voyages.Humans have actually long engaged in borrowing and financing. Certainly, there is evidence that these activities took place as long as 5000 years ago at the very dawn of civilisation. Nevertheless, modern banking systems

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 so long as 5000 years back at the very dawn of civilisation. But, modern banking systems just emerged into the 14th century. name bank originates