The Earliest Banking Systems
- The earliest banking systems date back to 8000 BCE when trade was recorded in a log, keeping a written note of the transactions.
- Mesopotamia was the home of the first proper banks, with lending activities in temples and palaces. As cash wasn’t invented yet, seeds and the produce of farmers was used.
- Records of credit exist in the Asian civilization, hinting at banking activities.
- The Temple of Artemis was a deposit for cash and there were records of debts held there.
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