Modern banking systems as we know them today only emerged into the 14th century. Find more about this.Humans have long engaged in borrowing and lending. Certainly, there clearly was proof that these activities took place so long as 5000 years back at the very dawn of civilisation. Nevertheless, modern banking systems just emerged into the 14th cent
What were the original functions of banks in ancient times
Banks operated by lending money secured against personal belongings, facilitating transactions with local and foreign currencies while supporting local businesses.Humans have long engaged in borrowing and lending. Indeed, there is certainly evidence that these activities took place as long as 5000 years ago at the very dawn of civilisation. Neverth