Banking-Open-Access-Journals

A bank may be a financial organization that accepts deposits and recurring accounts from the people and creates deposit. Lending activities are often performed either directly or indirectly through capital markets. thanks to their importance within the financial stability of a rustic , banks are highly regulated in most countries. Most nations have institutionalized a system referred to as fractional reserve banking under which banks hold quick assets adequate to only some of their current liabilities. additionally to other regulations intended to make sure liquidity, banks are generally subject to minimum capital requirements supported a world set of capital standards, referred to as the Basel Accords. Banking in its modern sense evolved within the fourteenth century within the prosperous cities of Renaissance Italy but in some ways was a continuation of ideas and ideas of credit and lending that had their roots within the ancient world. within the history of banking, variety of banking dynasties – notably, the Medicis, the Fuggers, the Welsers, the Berenbergs, and therefore the Rothschilds – have played a central role over many centuries. The oldest existing retail bank is Banca Monte dei Paschi di Siena, while the oldest existing acquirer is Berenberg Bank. The concept of banking may have begun in ancient Assyria and Babylonia, with the merchants offering loans of grain as collateral within a barter system.    

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