time
When was the Bank of England established?
1694
Where did the first banking system develop?
Mesopotamia
What is a “loan”?
Who were the first to record transactions?
Sumerians
What is the main role of the Central Bank of Uzbekistan?
Control monetary policy and financial system
When did early banking begin?
Where is the Central Bank of Uzbekistan located?
Uzbekistan
What is “interest”?
Who revived banking in Europe?
Italian merchants
What is National Bank of Uzbekistan (NBU)?
When did the Great Depression occur?
1930s
Where were clay tablets used for financial records?
Sumer
What is “inflation”?
Which family became famous bankers?
Medici family
What is a key feature of modern banks in Uzbekistan?
Online and mobile banking services
When did the Gold Standard become popular?
19th century
Which country introduced the first coins?
Lydia
What is the “Gold Standard”?
Currency backed by gold
Who used temples as banks?
What do commercial banks mainly provide?
Loans and deposit services
When did modern digital banking start developing?
Late 20th century
Which city became a major banking center in the Middle Ages?
Florence
What are “non-performing loans”?
Loans not being repaid
Who managed early gold deposits and receipts?
Goldsmiths
What is a key function of central banks?
Managing national currency and inflation