The Origin of Banking Activities

History records the familiar origins of banking activities in the days of the kingdom of the past on the European land. Then this banking business developed into West Asia by traders. The development of banking in Asia, Africa and America was brought by Europeans when they colonized their colonies in Asia, Africa and the American continent.

Then we explore the familiarity of banking activities starting from money exchange services. So in the history of banking, the meaning of the bank is known as a table where money can be exchanged. In the course of the history of the kingdom of the past may be exchanged money between one kingdom with another kingdom. This money exchange activity is now known as a foreign exchange trader (money changer).

Other bank services follow in accordance with the times and the needs of an increasingly diverse community. As a result of the community's need for financial services is increasing and diverse, the role of the banking world is increasingly needed by all levels of society both in developed and developing countries. Even today the development of the banking world is increasingly rapid and modern,banking increasingly dominates the economic and business development of a country Even the activities and the existence of banking are very decisive for the progress of a country.

  Banking History

The banking business itself only started from the Babylonian era and then continued in ancient Greece and Rome, but at that time the task of the bank was only as a place to exchange money.
Along with the development of world trade, the development of the banking industry is also increasingly rapid because the development of the banking world cannot be separated from the development of trade. The development of trade at first only mainland Europe eventually spread to West Asia. Banks that were already famous at that time on the European continent were the Venetian Bank of 1171, then followed the Bank of Genoa and the Bank of Barcelona in 1320. Conversely, the development of banking on the British land began only in the 16th century. However, because Britain was so active in searching for trade areas which were later colonized, the banking developments were also brought to its colony.

The history of banking in Indonesia is inseparable from the colonial era of the Dutch East Indies. At that time there were several banks that played an important role in the Dutch East Indies. The existing banks include:

a. De Javasche NV
b. De Post Paar Bank
c. De Algemenevolks Crediet
 d. Nederland Handels Maatscappij (NHM)
e. Nationaol Handels Bank (NBH)
f. De Escompto Bank NV
Besides that there are also banks owned by native, Chinese, Japanese and other European. These banks include:
a. National Bank of Indonesia
b. Bank Boemi NV
c. The Charteredbank of India
d. Batavia Bank