Idin-Amurrum

Idin-Amurrum lived in the 18th century BC and is found in a number of documents relating to business transactions dated by the years of Rim-Sin. From some document we can see that he acted as “tāmkarum”. The tamkarum acted as the banker of the trading post because he gave out loans. He also used his profits from an interest rate to buy and sell goods on his own, so he was also a merchant. In fact, the banking and business tactics used by the tamkarum and the Assyrian merchants were similar to those used in Europe and the Americas about four millennia later.

Idin-Amurrum also invested his money in various immovable properties. He is found to bought houses, land and date-grove. He was successful and respected businessman as he is found in a number of deeds acting as witness.