ABSTRACT

Mercantile credit in the international commercial networks formed by the Greeks was of great significance in carrying out the external trade of the Ottoman Empire in the eighteenth and nineteenth centuries. The Greeks, along with the Jews and Armenians, developed entrepreneurial networks that connected the Levant with the West, and elaborated a commercial know-how based on a system of communication and information about prices, production levels and the exchange of goods. The members successfully sustained a system of debit and credit accounts, which allowed the regular movement of cargoes to and fro, that is, the exchange of the agricultural products of the East for the industrial goods of Western Europe.