Introduction to Banking
Modern banking covers a wide range of services, which extend from traditional lending to the innovative development of new financial products. Understanding the different areas in banking is challenging even for the most experienced bankers. This course provides participants with an introduction into the diverse activities of banks. The course is well-suited for people who are beginning a career in banking or bankers who would like to have an overview of banking.
Course content
- Introduction
- The development of banking:
Origin of banking
Milestones in the history of banking
Banking since 2008
Future of international banking - Types of banks:
Central banks
Corporate banks
Retail banks
Private banks
Correspondent banks
Custodian banks
Other players - Banking products and services:
Investment products
Types of accounts
Placements
Foreign exchange
Spot vs. forward rates
Financing
Life insurance
Target audience
Anyone interested in learning about banking. No previous knowledge of banking is required