Banking

This entry contains three subentries dealing with banking in classical antiquity , during the Middle Ages and early modern period , and in the modern period . Classical Antiquity The origins of ancient banking were intimately linked with the need to verify the fineness and weight of out-of-town coins and to exchange them for domestic coinage. Banking cannot therefore be found in ancient Mesopotamia and other ancient Near Eastern civilizations, which did not use die-struck coins before the Hellenistic era (see Egypt below). The businesses of two entrepreneurial families in Babylonia in the Continue reading the remaining 99% ...