World’s Oldest Banking System The Morocco’s Ancient Granaries

According to historians, the Igudar granaries in Morocco are the world’s oldest bank, going back as far as the 13th Century CE. Some historians believe they may even go farther than that since the granaries are as old as the mountains they are built in. According to historians, the Igudar granaries in Morocco are the world’s oldest bank, dating back as far as the 13th Century CE. Some historians believe they may even go farther than that since the granaries are as old as the mountains they are built.

Each Amazigh family owned a granary and stored their valuables inside it. These valuables ranged from documents and weapons to food and jewelry. An interesting finding is that some granaries were big enough to act as shelters during war times. Some had enough room for cats to protect the valuables from mice.

These granaries belonged to the Amazigh people, who settled in Morocco more than 4000 years ago. The Amazigh tribes mainly lived in the South of Morocco which is a mountainous area. They started to build granaries in the caves and cliffs of the mountains.ugh room for cats to protect their valuables from mice.

Secondly, each tribed selected representatives which formed another management body: the Inflas. The Inflas comprised 10 people and each granary had a key holder called the Amir. The tribes only paid the Amir for their efforts to keep the valuables safe. Additionally, tribe members could safeguard their own granaries as well.

Secondly, each tribed selected representatives, which formed another management body: the Inflas. The Inflas comprised 10 people and each granary had a key holder called the Amir.years, the Moroccan government has been working to have Unesco recognize the granaries as an international heritage of great importance as well.

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