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 More1975, Saving for building 1v
soo1497, Austria, 1975
€0.70
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Mint NH | |
€0.70
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Used or CTO | |
€1.00
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First Day Cover |
1976, National cash centenary 1v
sfi0778, Finland, 1976
€0.70
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Mint NH | |
€0.70
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Used or CTO | |
€1.50
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First Day Cover |
1978, Bank of the Netherlands Antilles 3v
sna0573, Netherlands Antilles, 1978
€0.70
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Mint NH | |
€0.70
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Used or CTO |
1983, Commerce & development 2v
suw0034, United Nations, Vienna, 1983
€1.20
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Mint NH | |
€0.90
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€1.50
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First Day Cover |
1986, National bank 1v
sli0902, Liechtenstein, 1986
€0.70
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Mint NH | |
€0.70
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Used or CTO | |
€0.70
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First Day Cover | |
€1.00
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Maximum Cards |
1987, Europa, modern architecture 2v
scg0681, Cyprus, 1987
€1.30
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Mint NH | |
€1.10
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Used or CTO | |
€1.50
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First Day Cover |
1988, Jean Monnet, European bank 2v
slu1207, Luxemburg, 1988
€1.30
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Mint NH | |
€0.70
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Used or CTO | |
€1.00
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First Day Cover |
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