Loan practice can be traced back from ancient writings and scriptures. While its exact origin is unknown, it has been around over the centuries. It started with barter where merchants exchange goods such as grains and precious stones. Then individuals lend money with interest. This system greatly influenced the current structures of lending money in…
https://greatonlinetrivia.wordpress.com/2015/02/27/bank-origin-and-the-early-forms-of-loan/
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