Topical Encyclopedia In biblical times, the concept of banks as we understand them today did not exist. However, the Bible does reference practices related to money lending, interest, and the safekeeping of valuables, which can be seen as precursors to modern banking.Money Lending and Interest The Bible contains numerous references to money lending and the charging of interest, which are foundational elements of banking. In the Old Testament, the Israelites were given specific instructions regarding lending and borrowing. For instance, Exodus 22:25 states, "If you lend money to one of My people among you who is poor, you must not be like a moneylender to him; you must not charge him interest." This command reflects a concern for the welfare of the poor and the avoidance of exploitation through usury. Similarly, Leviticus 25:36-37 advises, "Do not take any interest or profit from him, but fear your God, so that your countryman may continue to live among you. You must not lend him money at interest or sell him food at a profit." These passages emphasize the importance of compassion and fairness in financial dealings. In the New Testament, Jesus addresses the topic of money and stewardship in the Parable of the Talents (Matthew 25:14-30). In this parable, a master entrusts his servants with money, expecting them to invest it wisely. The servant who buried his talent instead of investing it is rebuked, suggesting that wise and productive use of resources is commended. Safekeeping of Valuables The practice of safeguarding valuables is another aspect of banking reflected in the Bible. In ancient times, people often entrusted their wealth to others for safekeeping. This is illustrated in the Parable of the Talents, where servants are given money to manage on behalf of their master. Additionally, in 2 Kings 12:9-10 , we see an example of a collection system for temple repairs: "Then Jehoiada the priest took a chest, bored a hole in its lid, and set it beside the altar, on the right side as one enters the house of the LORD. The priests who guarded the threshold put into the chest all the money that was brought into the house of the LORD." This passage highlights the practice of collecting and safeguarding funds for a specific purpose. Economic Justice and Fairness The Bible consistently advocates for economic justice and fairness, principles that are relevant to banking and financial systems. Proverbs 22:22-23 warns, "Do not rob a poor man because he is poor, and do not crush the afflicted at the gate, for the LORD will take up their case and will plunder those who rob them." This underscores the importance of ethical conduct in financial matters. Furthermore, the Bible encourages generosity and the responsible use of wealth. In 1 Timothy 6:17-19 , Paul instructs, "Instruct those who are rich in the present age not to be conceited and not to put their hope in the uncertainty of wealth, but in God, who richly provides us with all things to enjoy. Instruct them to do good, to be rich in good works, and to be generous and ready to share." Conclusion While the Bible does not explicitly mention banks as institutions, it provides guidance on financial practices, emphasizing fairness, stewardship, and compassion. These principles continue to inform Christian perspectives on banking and finance today. Strong's Hebrew 1415. gadah -- bank (of a river)... 1414, 1415. gadah. 1416 . bank (of a river). Transliteration: gadah Phonetic Spelling: (gaw-daw') Short Definition: banks. Word ... /hebrew/1415.htm - 5k 4026. migdal -- a tower 3027. yad -- hand Library The Banks of the Spey When the Banks were Completed and the Battering Rams Brought, and ... How Caesar Raised Banks Round About the Upper City [Mount Zion] ... On Jordan's Stormy Banks. CM How the Jews were Crucified Before the Walls of the City ... The Next Night Diamond was Seated by his Open Window... Concerning the Tyrants Simon and John. How Also as Titus was Going ... Titus Thought Fit to Encompass the City Round with a Wall; after ... Foreign Exchange. A Nation that was Born in a Day. Thesaurus Banks (11 Occurrences)... Multi-Version Concordance Banks (11 Occurrences). Genesis 41:17 And Pharaoh said unto Joseph, In my dream, behold, I stood upon the bank of the river: (See RSV) ... /b/banks.htm - 10k Bank (28 Occurrences) Banking Ulai (2 Occurrences) Nile (37 Occurrences) Overflows (9 Occurrences) Overflowed (14 Occurrences) Jabbok (7 Occurrences) Laodicea (6 Occurrences) Irrigation Resources Where was Jesus baptized? | GotQuestions.orgWhat is the significance of the Jordan River in the Bible? | GotQuestions.org What was the purpose of Stonehenge? | GotQuestions.org Bible Concordance • Bible Dictionary • Bible Encyclopedia • Topical Bible • Bible Thesuarus Concordance Banks (11 Occurrences)Genesis 41:17 Deuteronomy 2:37 Joshua 3:15 Joshua 4:18 Judges 11:26 1 Chronicles 12:15 Song of Songs 5:13 Isaiah 8:7 Isaiah 19:7 Ezekiel 47:12 Daniel 8:16 Subtopics Related Terms |