This Program is a comprehensive introduction to how banks work. It provides a thorough understanding of all types of banking from retail to investment banking, and covers global and central banking.
It gives understanding of the wide variety of activities undertaken and services provided by banks, how they operate and are regulated, and explains why banks are so important and how their activities impact on modern life, people, business, government and the economy.
An explanation what banking actually is; a brief history of banking; the relationship of banks with households, businesses and government; banking and the economy.
An overview of the different aspects and types of banking.
Retail banking: deposits, lending to people and businesses, risk assessment checklist for lending and loans.
Retail banks: payments and transferring money, clearing systems, other retail bank services.