Ep 3: Financial Instutions - بانک و موسسات مالی

In this episode you will learn about:

• The historical origins of banks in Florence and their transformation over the centuries.
• The key characteristics that distinguish early banks and how they laid the groundwork for contemporary financial institutions.
• The geographical clustering of financial institutions and the significance of this phenomenon.
• Concepts such as economies of scale, network externalities, and risk diversification