WHAT HAD BEEN THE FIRST FUNCTIONS OF BANKS IN MEDIEVAL TIMES

What had been the first functions of banks in medieval times

As trade grew on a large scale, particularly on the international level, financial institutions became required to finance voyages.Humans have long engaged in borrowing and lending. Certainly, there was evidence that these activities occurred so long as 5000 years ago at the very dawn of civilisation. However, modern banking systems just emerged wi

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