вторник, 10 мая 2011 г.

The story of banks in the world!

picture of the family moneylenders

 In order to start talking about banks, you must first learn about their history. General banking business was born then, when the first money-lenders, giving their money to needy at interest. In Babylon banking existed in the 8 th century BC.
Bank of Italy building in San Francisco.
In the Middle Ages, due to the fact that there was a huge diversity of local monetary system, development of the fisheries changed. After a while, people they have more trust in and gave them their money for safekeeping. As a rule, a bench of my house was in a public place, ie markets. There they were engaged in their bids.
For the first time I was called bankers in Italy. Banking in the Middle Ages only deal with the Italians and Jews.
However, for a long time money-changers were under pristylnym attention of the authorities. In most cases, for such things Sozh people. Pope at that time very negodtivno refers to people who engage in the banking business.
Due to dissatisfaction with the state, were the establishment of the first banks to provide loans for smaller percentages. These percentages are only repay the costs of banks. The first such institutions appeared in 1463 in Orvieto. Banks have become direct competitors of me, and potepenno forced them out of the credit market.
The first bank in the form of joint-stock company was established under the leadership of the Englishman William Peterson. His thoughts came to what is not necessary to create the bank only at the expense of their own funds. He decided to enter the government interest-bearing securities, which are formed the budget of the bank.









Historical U.S. bank


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