Although the general perception may be that organised banking is a relatively new phenomenon that has only developed over the last few centuries, the reality is that has been in thriving in one form or another for almost 3,750 years. It was during the heyday of the Babylonian Empire from 1728 – 1686 BC that [...]
Posts under ‘Banking’
Commercial Banks in International Business
Commercial banks have become a field of raising interest of economy, the banks playa special role to minimize the agency cost between the borrowers and lenders but commercial banks have comparative advantage due to their superior capability to provide debt with inside information. Commercial banks play important role in not only local business but also [...]