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Banking: Past and Present

Author

Listed:
  • Ä°smail Özsoy

    (International Black Sea University)

  • Salavat Sayfullin

    (International Black Sea University)

Abstract

The paper presents the evolution of the banking through out history to modern days. The roots of banking reviewed and the changes are expressed. Reasons for bank evolution is presented and first banking operations are described. The difference between past and present is traced out.

Suggested Citation

  • Ä°smail Özsoy & Salavat Sayfullin, 2006. "Banking: Past and Present," IBSU Scientific Journal, International Black Sea University, vol. 1(1), pages 74-85.
    • Handle: RePEc:ibl:journl:v:1:y:2006:i:1:p:74-85
    as

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    File URL: https://journal.ibsu.edu.ge/index.php/ibsusj/article/download/7/7
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    References listed on IDEAS

    as
    1. Ronald A. Wirtz, 2000. "Financial evolution, not revolution," The Region, Federal Reserve Bank of Minneapolis, vol. 14(Mar), pages 7-9,56-57.
    2. John S. Jordan & Jane Katz, 1999. "Banking in the age of information technology," Regional Review, Federal Reserve Bank of Boston, vol. 9(Q4), pages 24-30.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Banking; ancient banking; modern banking; deposits; loan.;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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