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Stamps with the theme Banking and Insurance
The first records of the kind of activity we know today as banking can be traced back to around 2000 BC in Assyria and Babylonia, where merchants made loans to farmers and traders who transported goods between cities. Deposits initially consisted of grain and later other goods including livestock, farming tools and then precious metals such as gold. Temples and palaces were thought to be the safest places to store gold as they were constantly guarded and well built. As temples were considered to be sacred places, they presented an extra deterrent to possible thieves. In the ancient Greek and Roman Empires, lenders based in temples made loans but also began to accept deposits and change money. Around this time, there is also evidence of the development of money-lending in China and India. The development of banking in the modern sense of the word can be traced back to medieval Italy and later spread through Europe. During the last century, the rapid development in telecommunication and computing systems resulted in major changes in the way banks operated and allowed them to greatly increase in size and geographic spread. In recent years, there has been a significant number of bank failures, including some of the world's largest banks, and much debate about bank regulation.
Read More1947, Postal pensions 3v
1947, Postal saving bank 1v
€0.70
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1947, 125 years saving bank 1v
€0.70
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1947, Saving day 2v
1947, Social insurance 1v
€2.00
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1947, Managua 11v
1947, World saving day 1v
1948, Overprints 4v
1948, Postal pensions 3v
1949, Postal pensions 3v
1950, Saving fund 1v
€0.70
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1950, National bank 1v
1950, Banking congress 2v
1950, Banking association 1v
€0.70
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1952, Postal pensions 17v
1953, Bank of Brasil 1v
€0.70
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1953, Banking congress 2v
1954, Exchange 1v
1954, Postal pensions 10v
1954, Rothschild 1v
€1.00
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