the banking system of each country evolved over the period of
the first period: from the V century onwards: start forming the banking sector
the second term: from V to XV century: Banking during this period have developed new and more advanced than the first phase
Tuesday era: from the sixteenth century to the present: This is the best period of development of the banking system, this period includes three phases
Phase 1 : development of commercial banks became bank released
phase 2: development bank issuing bank becomes the exclusive release of
issuing banks by the state monopoly
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