Ancient Moroccan Granaries: Possible Precursors to Modern Banking System

In a video published by Reuters, we see ancient granaries used in the Souss Massa region. Valuable documents, grains, oils and jewelry were stored there. These ancient Berber granaries are considered one of the oldest banking systems.

"These collective granaries can be the first sign of the emergence of banks, because when we say bank, it is a safe place to protect property. They are as old as these mountains, it is even difficult to determine the date of their establishment. What we know is that these granaries have developed boards (shelves)," said a Moroccan encountered on the ground to the British press agency.

According to his explanations, the board of directors is the law dictating how to manage these institutions. "The oldest known tablet to researchers is the Agadir Oujarif tablet, which was written in 1492," he said. "We know that writing only begins when people begin to develop the history of their areas, which means that it goes back to the beginnings of human settlement."