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In the past, banks were often referred to as "moneylenders" or "bankers," with the term "moneylender" being used particularly in ancient times when individuals or families would lend money at interest. The concept of banking as we know it today evolved from these early practices, with institutions like "credit unions" and "merchant banks" emerging in medieval Europe. Additionally, in ancient civilizations, such as Mesopotamia, temples also served as places for storing and lending grain and silver, functioning similarly to banks.
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Why is the central bank called the bank of banks?
why bank called bank of all banks
What banks are often called full service banks because of their many services?
Banks that have money.
What is it called when banks lend money to customers?
It is called a loan.
What is it called to take money out of the bank?
In most banks, this is called a withdraw.
How long before banks sue on past due credit card accounts?
That's up to the bank.
How banks developed?
in the past
In the past western European government subsidized banks and airlines by?
In the past, Western European governments paid the debts of failing banks and airlines that suffered huge losses. The subsidies prevented the banks and airlines from filing bankruptcy.
What is the side of a stream called?
The sides are known as the river bank or river banks.
Why is the central bank called the bank of banks?
why bank called bank of all banks
What banks are often called full service banks because of their many services?
Banks that have money.
What has the author W Banks written?
W. Banks has written: 'Seaford: past and present' 'Starch and its components' -- subject(s): Starch
How do you find past employment records online for free?
laura ann banks
What is the past participle of call?
The past participle of "call" is "called." For example, "I have called my friend."
What is the channel of a river is called?
banks
What is the past tense of call?
Pastcalled
What is it called when banks lend money to customers?
It is called a loan.
What is the past particle of call?
The past participle of call is called.
