The role of commercial banks in the development of the Russian economy. Part 2.
Simultaneously with the emergence of private lenders represented by trading houses and individuals engaged in commercial activities, there are state trade agents - in the Ancient East, they were called hangars. An important operation of the tammar was the sale and purchase of money in the form of metal ingots and their trade in other countries. The hangars could conduct business at the same time, both at the expense of the state and at their own expense. Over time, large hangars created their own...