Abstract The history of banking is intertwined with the history of money which came as a result of the activities of the gold smith who safeguarded gold on behalf of gold owners, in their vault and …
THE EFFECT OF INTEREST RATE ON THE PROFITABILITY OF COMMERCIAL BANKS
CHAPTER ONE INTRODUCTION 1.1Background to study According to the historian, Paul Johnson, the lending of “food money” was common in the Middle Eastern civilization as early as 5000BC; the …
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