Top 10 Oldest Banks in the World [INFOGRAPHIC]

Modern and traditional banks were all designed to satisfy funding and financial management needs created by individuals and businesses alike. The financial institutions themselves are businesses that profit greatly from the services they provide.

As well as fees and ongoing charges, banks also apply interest to loans. The interest rate varies depending on the individual/bank and their credit history, and the financial institution.

As a result, banks can make huge profits from their services, with the biggest bank in the world today being the Industrial and Commercial Bank of China Limited, which has an impressive asset value of $5.5 trillion.

Source: https://wergsconsultancy.co.uk/uncategorized/top-10-oldest-banks-in-the-world/