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Allied Bank Presentation

Allied Bank Presentation

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Published by tyrose88

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Categories:Topics, Art & Design
Published by: tyrose88 on Nov 16, 2011
Copyright:Attribution Non-commercial

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08/27/2014

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PRESENTED TO:
RIAZ AHMAD MIAN
 
PRESENTED BY:
MUSARRAT FATIMA Mi08MBA021SWAIRA GUL Mi08MBA026MEHWISH ASHRAF Mi08MBA059
 
HAILEY COLLEGE OF BANKING &FINANCE UNIVERSITY OF PUNJABLAHORE
 
 
HISTORY OF BANKING
The history of banking is traced to 2000 B.C in Greece.FOUR STAGES OF EVOLUTION:-
Priest and Goldsmiths acted as financial agents bykeeping money and valuables of people in temples instrong safes
The
second stage 
in the development of banking was theissuance of bank notes
.
They began to give interest on the money depositedwith them. This was the
third stage in the development of banking 
.
Banks allowed the overdraft facility to their deposits andthis was the
fourth stage in the development of banking 
.
 

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