Definition of banker

The word "banker" has its roots in medieval Europe. In the 13th century, a "bancier" referred to a money changer or a merchant who dealt with valuable commodities like gold and silver. The word "bank" itself comes from the Italian word "banca," meaning "bench," as early bankers would conduct business from a counter or bench. As trade and commerce grew, the role of the banker evolved to include accepting deposits, making loans, and facilitating transactions. By the 16th century, the term "banker" became synonymous with a professional who managed financial institutions, handled financial transactions, and provided credit to individuals and businesses. Today, a banker is a financial professional who works in a bank, credit union, or other financial institution, providing a range of services including lending, investing, and advising clients on financial matters.