week 2 ( group work)

We start working in group and my group was thani, Aysha and me. We wrote about history of banks started with thousand years BC. Firstly, the idea of banks began in Babylon and in the Greece and Rome banks made loans and accepted deposits and they also changed money. After that the German family called the Fuggers from Augsburg became very important bankers and banks began in Britian and developed in England Banks paid interest to people who deposited money in order to attract their savings. Also Banks the use of cheques for drawing money