Banking as we know it today evolved over centuries, with roots tracing back to ancient civilizations like the Mesopotamians, who utilized temples for storing grain and valuables. The first true banks emerged in Italy during the Renaissance, particularly in cities like Florence and Venice, where merchants and moneylenders began to formalize financial transactions. Notable figures, such as the Medici family, played significant roles in developing banking practices. Therefore, banking was not invented by a single individual but rather developed through contributions from various cultures and individuals over time.
No. Investment banking doesn't have to be part of core banking and/or minimal banking services. Investment banking is essentially a very different type of banking, it is not the same as retail, commercial or trade banking (which would constitute as core banking).
postal banking is the sysem of banking faster system to develop to the banking process.
A banking institution is required to have a full banking license and is supervised by a banking regulatory agency. Non-banking is a financial institution that does not have these requirements.
Core banking refers to banking services provided by a network of branches. Internet banking is the ability to complete banking transactions from your home using your computer.
There is no didderence as such! Corporate Banking fall under wholesale banking.
when and where computer first time inveted
Alana Goodie Inveted Texting
Steve Jobs inveted apple computers. he inveted everthing apple
me
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i did
Maya
1972
It is unknown.
a
nintendo did!
1895