Looking back at its history, bank credit emerged as a solution to humanity’s need for capital and financial support. What began as a simple lending practice in ancient civilizations gradually evolved through the growth of international trade and eventually became a cornerstone of the modern financial system. Today, bank credit is far more than a banking service—it is one of the world’s most important economic pillars, connecting those with excess funds to those in need of capital, driving economic growth, improving living standards, and supporting sustainable national development.(*)
The History of Bank Credit: The Origins of the Global Lending System
