Banking Uncovered: The Divide Between Commercial and Personal Banking
Banking Uncovered: The Divide Between Commercial and Personal Banking (Banking & Economics) by Keith M Gilbert
English | January 15, 2025 | ISBN: N/A | ASIN: B0DT6MPVJP | 117 pages | EPUB | 0.34 Mb
English | January 15, 2025 | ISBN: N/A | ASIN: B0DT6MPVJP | 117 pages | EPUB | 0.34 Mb
The evolution of banking reflects the changing needs of society, economies, and technologies, which have continually shaped how financial services are delivered. Initially, banking emerged as a necessity to facilitate trade and manage currency. Ancient civilizations relied on physical assets, such as gold and silver, stored in temples or palaces, serving as the earliest forms of banks. As commerce expanded, so did banking practices, leading to the establishment of formal institutions that offered loans, deposits, and currency exchange, laying the groundwork for both commercial and personal banking as we understand them today.
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