ANALYSING TRANSFORMATIONS IN THE BANKING SYSTEM IN THE PAST

Analysing transformations in the banking system in the past

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 proof that these activities occurred as long as 5000 years ago at the very dawn of civilisation. However, modern banking systems only emer

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