In ancient China, there were various names for banks. The earliest banks can be traced back to the Tang Dynasty, when they were called "Qianzhuang". They are mainly privately operated and provide services such as currency exchange, savings and loans. With the passage of time, the name of the bank has gradually evolved. For example, it was called "Banknote Pass" and "Banknote Division" in the Song Dynasty and "Banknote Bureau" in the Ming Dynasty. The functions of these banks are similar to those of modern banks, but in ancient times, the nature of banks was more reflected in government agencies or official enterprise.
In ancient times, the rise of banks was closely related to economic development and the prosperity of trade activities. With the continuous development of social economy, people's demand for money and credit is increasing, so banks can gradually rise and develop. In modern times, banks have become an important part of modern economy, providing people with various financial services and becoming an important support for economic development.