Banking fundamentals refer to the concepts and principles relating to the practice of banking.
Banking is an industry that deals with credit facilities, storage for cash, investments, and other financial transactions..
Regulatory supervision of the banking sector is largely vested at the local rather than the federal level through two separate but roughly parallel banking agencies
In 2001, the international community established a working group that plans to centralize banking supervision within the Central Bank in 2002
To carry out any business activity and, more so, in case of the banking business, a basic knowledge of the relevant provisions of various laws impacting the business activity is essential
The more relevant legal aspects of banking are stated, in brief: ,1
The Law of Contract 2 Elements of a Contract 3 Rules Regarding Offer and Acceptance 4Banking Fundamentals includes ,three 4-week courses that combine the principles of the banking industry with real-world application
Ideal for new bankers, or bankers seeking to gain an understanding of the changing world of financial services
It is an online, paperless, series of courses that combines peer collaboration with instructor guidance
