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Bankscareer and the History of Banking

The History Of Bank goes back to Babylon, where, from the 2nd millennium BC, the loan on goods (mainly cereals) was already practiced within the walls of the temples.
 
With the appearance of money, around the 7th century BC, lending money and deposits (giving money to someone to keep it) developed. After s’ be exercised within a religious framework, they are practiced by civilians. Banking sector is the Best Government Jobs for Girl.
 
Under the Roman Empire, private bankers continued this lending and deposit activity and took the opportunity to advance money on behalf of their clients in return for interest. Until the Middle Ages (i.e., around the 5th century AD), banking activities were limited to cash operations (depositing or withdrawing money), credit was still rarely practiced by banks.History of Banking is very old.
 

 
From the Renaissance to the 18th century
 
From the end of the 18th century, but especially in the 19th century amid the industrial revolution (creation of the steam engine, mass production of steel, coal, and textiles, etc.), the development of banks was favored by three factors:
 
 

    • The development of fiat money (i.e., banknotes);

 

    • Then scriptural money;

 

    • As well as the use of securities (shares) to finance business enterprises.

 
 
This period also corresponds to the creation of large banks such as Société Générale and Crédit Lyonnais in France, Deutsche Bank in Germany, or Barclays Bank in Great Britain. Little by little, the State supervises the activity of the banks and wishes to put them under its supervision.
 
The 19th century: the arrival of modern banking
 
From the end of the 18th century, but especially in the 19th century amid the industrial revolution (creation of the steam engine, mass production of steel, coal, and textiles, etc.), the development of banks was encouraged by three factors: the development of fiat money (i.e., banknotes), then scriptural money (e.g., checks), as well as the use of securities (shares) to finance commercial enterprises. Little by little, the State supervises the activity of the banks and wishes to put them under its supervision.So The History of Banking is beyond the 19th century.
 
The 20th century: towards a new boom
 
In the twentieth century, the State strengthens its authority over banks and imposes regular controls. This is all the more necessary when the stock market crisis of 1929 occurs (sudden and lasting fall in stock market prices). Thus, in the United States, President Roosevelt strictly separates investment banks (intended for large companies) from deposit banks (for individuals and small businesses).
 
From the 1960s, banks experienced a new boom. More and more people have bank account. New clients appear, women, young people, and children through their parents.
 
New means of payment are emerging: the bank card, for example. At the same time, banking groups are growing. These establishments work all over the world: Europe, America, Asia, Africa. Their activities are diversifying: investment in industry and real estate, presence on the financial markets.