Finance


The origins of banking activities
History records the origin of banking activities is known at the time of the kingdom first in mainland Europe. New banking business starts from the time of Babylon and then proceed to the ancient greek and roman era. At that time the bank job was as a place to exchange money. With world trade, development banks grew even more rapidly because the banks can not be separated from the development of trade.
Bank - the bank was already well known at that time banks in continental Europe is Venice in 1171. Then following the bank of Genoa and
the banks of Barcelona in 1320. Instead of banking developments in the mainland in the early New England in the 16th century. But because English is so actively seeking trade area that later in colonies, the development banks, too, is brought into the country towns.
development banks in Asia, Africa and America were brought by Europeans during the colonial to country towns. In the history of banking, meaning the bank is known as a place to exchange money tables. Exchange activity is now known foreign exchange trading (money changer).
The development of banking operational activities expand again into custody for money or that the current call activity in deposit and thereafter developed into moneylending activities.
The money that is stored by the banking community are channeled to the community who need it. As a result of the financial services needs of the community will be increased and diverse, then the role of the banking world increasingly in need by all levels of society both within developed and developing countries.