Kamis, 08 Oktober 2015

Banking History

Banking History 

Known history of the origin of banking activities starting from currency exchange services. Therefore, the Bank is known as a place to exchange money or as a table where the exchange of money. 



In historians traders from various kingdoms conduct transactions in exchange for money, where the money exchange made between kingdoms one currency with another currency empire. Currency exchange activity is now known as foreign exchange traders (money changers) In a further development of the banking operations increased to four day care money. 

Then developing banking activity with the activity of lending money that is the way the money was originally deposited by the people, by the banks borrowed back the society who need it. Today the increasingly rapid development of the banking world and modern both in terms of product range, quality of service, technology owned. 

Therefore do not be surprised if the bank of a country destroyed it will lead to the destruction of the economy of the country concerned as happened in Indonesia in 1998 and 1999 Banking history known to the world originated from the plains mualia European continent from the time of Babylon and then during the time of ancient Greece and Roman. 

Banks that are well known in continental Europe is a bank Venice in 1171, then followed the Bank of Genoa and Barcelona Bank in 1320 The development of banking in the UK mainland new start on -16 th century, however Because English is so Actively seeks colonies such as the Americas, Africa and Asia that was already known at the time was indeed an important role in the field of trade.