Detailed Information on Publication Record
2015
The other banking: Charitable loans in pre-modern era
SVOBODA, FrantišekBasic information
Original name
The other banking: Charitable loans in pre-modern era
Authors
SVOBODA, František (203 Czech Republic, guarantor, belonging to the institution)
Edition
European Journal of Science and Theology, 2015, 1841-0464
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
60101 History
Country of publisher
Romania
Confidentiality degree
není předmětem státního či obchodního tajemství
Impact factor
Impact factor: 0.389 in 2012
RIV identification code
RIV/00216224:14210/15:00083515
Organization unit
Faculty of Arts
Keywords in English
charitable loans; interest; banking
Tags
Změněno: 29/4/2016 08:10, Mgr. Vendula Hromádková
Abstract
V originále
There are two different histories of banking: the first, well known for-profit commercial banking, the second, partially forgotten - charitable banking. This article inquires into the second way of lending money. Loan established itself as a pillar of charity thanks to the interconnection between two processes: the prohibition of interest-bearing credit, whose primary aim was to protect the poor, and the formation of financial funds administering interest-free or low-interest loans to the less fortunate. Historically, the first references to funds created for the provision of non-interest bearing loans date back to ancient Athens. Similar scheme gained further ground in ancient Rome and in medieval Italy again. Since the 15th century we can find so-called montes which laid a firm and lasting foundation for the European banking sector, made retail banking available to all strata of the population, and promoted the rise of solid, sustainable financial enterprises at a larger scale. The idea of employing commercial companies to help the poorest of the poor later took deep roots in the European tradition.
Links
| ROZV/20/FF/SVO/2015, interní kód MU |
|