Where did the bank originate, the history and origin of the bank

Bank".

Bank = bench.

Banks first appeared in Europe, and are called banks in English, and the word ** is derived from the Italian word banco (bench). Why did benches evolve into the word bank? It turns out that there is a story in it.

In the 11th century, European commerce was on the rise, and Venice at the time.

And Genoa used to be the most important point of communication between Europe and Asia, businessmen from all over the world gathered, the currency of various countries was circulated, and in order to identify and exchange, numismatic dealers appeared. Due to the poor conditions, the office only has one bench, so the merchants called it banco.

Interestingly, when translated into Chinese, it is called "bank", and there is a story here. It turns out that when this word was introduced to our country, our country's currency was mainly **. Long before Western civilization came to China, China already had money.

Banks that engage in monetary business, such as silver accounts. The word "silver" became a pronoun for currency, and "xing" came from a trading house, so the company opened by foreigners in China was later called "foreign firm".

The earliest mention of the term bank was in the sixth year of Xianfeng (1856) in the Qing Dynasty, and a book published in Hong Kong talked about "bank money bills". The first bank opened in China was the "China International Commercial Bank".

1897）。In 1904, the Qing court household department (i.e., the Ministry of Finance.

In 1908, it was renamed "Daqing Bank", which was the first national bank in China.

The prototype of the modern commercial bank originated in Italy.

The earliest bank in China was called "Qianzhuang".

Formed in the middle of the Ming Dynasty, it has the nature of a bank.

Following the "money village" in the Ming Dynasty, the "ticket number" appeared in the Qing Dynasty.

The first domestic bank in China to use the name of a bank was the "China International Commercial Bank", which was established on May 27, 1897.

The earliest national bank in China was the "Hubu Bank", which was founded in 1905, and later called the "Daqing Bank".

After the Xinhai Revolution, Daqing Bank was reorganized into the "Bank of China", which has been used to this day.

The word bank, derived from the Italian banca, originally meant bench, chair, and was the business utensils of the earliest money changers in the market. The English translates to bank, which means a chest for depositing money. In China, the reason why Hu Liangku, who is called a "bank", is related to the history of China's economic development.

In the history of our country, ** has been one of the main monetary materials. "Silver" often represents currency, while "bank" is the name given to large commercial institutions. The term "banks" refers to large financial institutions related to banking as banks, which was first seen in the "New Chapter of Capital Administration" written by Hong Ren of the Taiping Heavenly Kingdom.

The earliest bank is believed to be the Italian bank founded in Venice in 1407. Subsequently, banks were set up in Amsterdam in the Netherlands, Hamburg in Germany, and London in the United Kingdom. At the end of the eighteenth century and the beginning of the nineteenth century, banks were generally developed.

In the 17th century, some commoners became wealthy merchants through business. They kept their money in the king's coffers for safety. It should be noted here that there was no banknote at that time in the trouser hole, and the so-called saving money refers to depositing **.

Historically, banks originated in Italy. The earliest meaning of the word bank was to refer to the bench, because the earliest banking activities were carried out on the bench, and later gradually evolved into bank with the development of the times, which refers to the cabinet where money is stored. The history of banks is very long, and their emergence has played a role in promoting and stabilizing the economy, and has made an indelible contribution to the development of the world economy.

The bank provides a platform for the integration and penetration of social funds, which brings together the idle funds in the society and lends them to users who need a large amount of funds to solve life problems and development problems in a specific way, which improves the utilization rate of funds, optimizes the allocation of funds, and effectively curbs social inflation. With the progress and development of society, the Internet digital stupid network economy has been loved by many people, and banks have also followed the market trend and developed online banking and mobile banking to ensure the continuity of business and create a variety of handling channels, which can greatly meet the development needs of users and allow banks to obtain lasting power.

Historically, banks originated in **? Some people may be a little puzzled by this, but banks are indispensable financial institutions in a country, and when society has wealth accumulation and demand, it needs banks.

There are six major state-owned banks in China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China Postal Savings Bank, and Bank of Communications. These are large-scale comprehensive commercial banks with a wide range of diversified businesses, representing the most abundant capital and strength in China's financial sector.

The earliest banks in the history of the world can be traced back to Babylon in 2000 B.C., when temples were already engaged in the safekeeping of gold and silver, the granting of loans, and the collection of interest. The rudiments of primitive banks can be found in Greece in 500 BC, Athens in 400 BC and the Roman Empire in 200 BC.

There is a theory that banks originated in the Mesopotamian civilization. As early as around the 2000 AD, the priests of the Babylonian temples opened a kind of lending institution, which should be regarded as the world's first commercial bank. Banks originated as institutions entrusted by third parties to manage currencies.

The functions of banks as we know them are nothing more than these: acting as a credit intermediary between enterprises, acting as a payment intermediary between enterprises, converting money income and savings into capital, creating credit instruments, and financial services.

In the history of our country, as early as the Tang Dynasty, there was a similar bank storage business, that is, the cabinet and flying money, and at that time, due to the developed business economy, so the demand for loans was indispensable.

In modern history, in our country, the Ming Dynasty formed a bank in the middle of the turmoil, and the ticket number appeared in the Qing Dynasty. The first domestic bank to use the name of a bank was the "China Commerce Bank", which was established on May 27, 1897.

The earliest national bank was the "Hubu Bank" founded in 1905, later known as the "Daqing Bank", and after the Xinhai Revolution in 1911, the Daqing Bank was reorganized into the "Bank of China", which has been used to this day. Generally speaking, "China International Commercial Bank" became the first bank in China to be labeled.

The above is the question of the origin of the bank, in fact, there is a lot of historical knowledge about the origin of the bank, including the emergence of banks at home and abroad has a distinction between early and late and functions, knowing that the development of finance in modern times has gradually given a comprehensive definition of the bank.

The word "bank" first originated from the Latin word banco, which means "bench". In Europe in the middle of the Middle Ages, the most frequent exchanges between countries, Italy's Venice, Genoa and other port cities due to convenient water transportation, traders from all over the world gathered, became the most prosperous commercial center in Europe. Traders from various countries brought a variety of metal currencies, and different currencies were a little troublesome to exchange due to their different quality, fineness, and size.

As a result, there were people who specialized in identifying, measuring, keeping, and exchanging money for others. As was customary at the time, these people sat on long benches in the harbor or bazaar, waiting for those who needed to exchange money. Gradually, these people came to have a common name - "bench sitters", they were the first bankers.

These people slowly developed in the process of currency exchange, and began to provide foreign exchange services to merchants.

In 1580, the world's first bank was born in the Italian water city of Venice; The Bank of England, founded in England in 1694, was the first joint-stock bank, and its birth marked the birth of the modern bank.