Koenig Crafted Banking Fundamentals

Course Overview

Banking Fundamentals are the basic concepts and principles that govern the functioning of banks.

Key areas include:

• Types of banks: commercial, investment, central, and cooperative.

• Bank services: savings and checking accounts, loans, mortgages, insurance, and investment services.

• Bank regulation: laws and agencies that oversee the banking industry.

• Bank management: how banks run their operations, manage risk, and generate profit.

• Banking technology: digital banking, mobile banking, and the use of technology in banking.

• Money creation: how banks create money through the lending process.

• Monetary policy: how central banks control the supply of money and interest rates.

Target Audience:

• Bank employees: tellers, loan officers, customer service representatives, and managers.

• Financial advisors: those who provide financial advice to customers.

• Aspiring bankers: individuals seeking to enter the banking industry.

• Small business owners: those who need to understand banking services to manage their finances effectively.

• Students: individuals studying finance, economics, or business who want to gain a better understanding of the banking industry.

Learning Objectives:

• Develop an understanding of the structure and types of banks and the services they offer.

• Acquire knowledge of financial products and services, including deposits, loans, mortgages, insurance, and investment services.

• Learn about bank regulation and compliance and the laws and agencies that oversee the banking industry.

• Gain an understanding of bank management, including risk management, operations management, and financial management.

• Become familiar with banking technology, including digital banking and mobile banking.

• Understand the process of money creation and the role of monetary policy in controlling the money supply and interest rates.

• Develop customer service and relationship management skills, including building and maintaining customer relationships and handling customer complaints and inquiries.

• Gain a comprehensive understanding of the key concepts and principles of banking and enhance their ability to provide better services to customers.