Banking: Past and Present

  • Ismail Özsoy
  • Salavat Sayfullin


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.
How to Cite
ÖZSOY, Ismail; SAYFULLIN, Salavat. Banking: Past and Present. IBSU Scientific Journal, [S.l.], v. 1, n. 1, p. 74-85, jan. 2006. ISSN 2233-3002. Available at: <>. Date accessed: 09 aug. 2020.
Legal and Social Sciences, Economics


Banking; ancient banking; modern banking; deposits; loan.