explain the evolution of Banking in Europe
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The history of banking began with the first prototype banks which were the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. ... Development of banking spread from northern Italy throughout the Holy Roman Empire, and in the 15th and 16th century to northern Europe.
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the history of banking began with the first prototype banks which were the merchants of the world , who gave grain loans to farmers and traders who carried goods between cities. the bardi and peruzzi families domeinated banking in 14 th century Florence , establishing branches in many other parts of Europe.
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