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Origin of banking practices with merchants providing loans to farmers and traders.

The Knights Templar developed an early form of banking with an efficient system to protect assets of pilgrims.

The Medici family established one of the most powerful and respected banks in Europe, contributing to the development of the Italian Renaissance.

Goldsmiths in 17th century England started storing gold and issuing bank notes, leading to the development of modern banking.

The Bank of Amsterdam established in 1609 became a model for the concept of a central bank.

Established in 1694 to act as the English Government's banker, pivotal in the development of the English financial system.

Expansion of commerce and industry led to the growth of banking institutions, like joint-stock banks, to finance the burgeoning economy.

Created in 1913 to provide a safer, more flexible, and stable monetary and financial system for the United States.

The Great Depression caused a banking crisis, leading to reforms and the establishment of the Federal Deposit Insurance Corporation (FDIC).

The 1944 conference established the International Monetary Fund (IMF) and the World Bank to promote international financial stability and economic growth.

Credit unions emerged to provide a cooperative banking alternative, often non-profit and focusing on the needs of its members.

Deregulation, including the repeal of the Glass-Steagall Act, led to increased competition and innovation in the banking sector but also contributed to more risk-taking.

A severe worldwide economic crisis primarily due to deregulation in the financial industry, leading to a reevaluation of banking regulations.

Technological advancements have led to the rise of digital and mobile banking, fundamentally changing how customers interact with banks.