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The history of banking began around 2000 BC in ancient Mesopotamia where temples stored valuables and made loans of grain. Banking advanced in ancient Greece and Rome where money changing, deposits, and loans became common. Modern banking originated in medieval Italy where prominent families like the Medicis operated banks and established branches across Europe. Key innovations continued through the Dutch and British empires in the 16th-17th centuries, while the 20th century saw the rise of large multinatio

Author

Jayshree Thakkar

Language

EN