Banking can be traced from ancient society and emerged from simple methods to the giant free-wheeling institutions seen in the world today.

Ancient Origins:

Mesopotamia: This banking system can be dated back to around 2000 BCE from Mesopotamia. Temples and palaces in the form of money lenders used to accept needy grains and other artifacts and lend them to farmer and merchants.
-Ancient Greece: The Greek city-states especially the Athenians formed an elaborate banking industries. Such structures as temples for secure custody of property and moneychangers performing those services.
-Roman Empire: The Rome Empire had an efficient legal tender and had public banks and individuals who provided money lending services. They had their form of money in the form of coins, as well as complex financial systems like lending, deposit and exchange.

Medieval Europe:

-Italian Banking: Renaissance made Italian cities like Florence, Venice and Genoa as banking and financiers cities. Worthy of note is that the banking industry was initiated by families like the Medici and the Fuggers, through financing trades, governments as well as artists.
-Jewish Bankers: Such populations, as the Jewish, which are restricted from other professions, dominated the banking and financial sphere beginning from the Middle Ages. It provides loans and other financial services to the members in the Jewish community, as well as of other faiths.

-18th and 19th Centuries: The Industrial Revolution leads to vigorous enhancement in banking as essential banks were established to supervise the fiscal system and superintend monetary policy.
-20th Century: Banking also developed in the 20th century specifically in form of commercial banking, investment banking and central banking. To learn more about the roots of today’s various procedures controlling the banking industry, we need to talk about the Great Depression and similar crises which led to the incorporating of more strict principles of their functioning.
-Digital Era: The roll of the new century has been the moment when the digital revolution impacted the banking system through online and mobile banking, and many other fintech solutions.