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The Nearly Complete and Utter History and Future of Banking

Ancient Greece provides evidence of banking with Greek temples and some private and civic entities, conducting financial transactions such as loans, deposits and currency exchange. Credit also existed whereby a moneylender in one Greek port would write a credit note for the client who could "cash" the note in another place. There are records of loans from the 18th century BC in Babylon that were made by temple priests to merchants. Effectively the world's first ever banks were the religious temples which were the absolute centres of the respective communities.

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