Banking System of Great Britain

Slides:



Advertisements
Similar presentations
Banks and their products VOŠ – 3. ročník – 2. semestr.
Advertisements

Money & Financial Institutions
Money and Financial Institutions. In the monetary system goods and services are indirectly exchanged using money, which can then be exchanged for other.
Types of banks Commercial Banks:
Banking & Financial Institutions. Types of Bank Retail Banking – High Street Banks Current and Deposit Accounts Issue Loans Issue Mortgages Business Advice.
The Bank of Canada Objectives & Functions. The Bank of Canada The Bank is Canada’s central bank established in 1934 as a private enterprise but became.
Chapter 15. Money Supply Process
FINANCIAL SERVICE PROVIDERS Bank : A business that sells services such as savings accounts, loans, and investments Regulated more strictly than most other.
BANKING – ITS DEFINITION AND FUNCTIONS
© 2011 South-Western | Cengage Learning Global Financial Activities Financing Global Business Operations Global Financial Institutions.
CENTRAL BANK General functions Issuance of currency - The Central Bank normally has complete control over this function. However in some countries commercial.
U.S. Economic Institutions. The Treasury Department An executive department, established in 1789 Secretary of the Treasury – Head of the department and.
University of Palestine International Business And Finance Management Accounting For Financial Firms Part (3) Ibrahim Sammour.
© South-Western Publishing Slide 1 DEVELOPMENT OF U.S. BANKING Creation of a National Currency Banking Before Banking in the.
DEVELOPMENT OF U.S. BANKING
Money and Banking Chapter 24. What is Money? Section 1.
IGCSE®/O Level Economics
Starter What is a union? Name three kinds of businesses. What is a stockholder? Why would someone choose to go on strike against their employer?
CH # 7 BANKING. Terms to know Definition of BANK 1 Kinds of BANK 2 Functions of central and commercial BANKS 3 Credit creation 4.
Finance Business function of planning, obtaining, and managing a company’s funds in order to accomplish its objectives effectively and efficiently. THE.
Financial Institutions Trivia Newell. Characteristics of private financial institutions include all the following EXCEPT- a) Mint money for loans b) Include.
The Role of a Central Bank. What are they called? Find the names of the Central Banks of the following countries: USA England Australia Singapore Where.
Central Bank State Bank of Pakistan. Organization of SBP Established in 1 st July, Purpose Regulating monetary & credit system of Pakistan. Organizational.
CHAPTER 10 ECONOMICS, MR. VIOLANTI Money, Banking, and the Federal Reserve System.
Subjects of International Finance Law Plan: 1. State as the main Subject of IFL. 2. Central banks as Subjects of IFL. 3. International Organizations as.
CH. 24 MONEY & BANKING Standard EE 2.3, 3.3, PFL 1.5, 1.6.
Copyright © 2005 by South-Western, a division of Thomson Learning, Inc. All rights reserved. 1-1 Financial Management and Institutions.
Finance (Basic) Ludek Benada Department of Finance Office 533
Structure of Banking Industry
3 WEEK THREE CENTRAL BANKING.  Introduction  The history of central banking  The objectives of central bank  The main functions of central banks 
Key Vocabulary central bank - a bank administered by a national government. A central bank issues money and looks after the country's monetary policy.
FINANCIAL INSTITUTIONS – OVER VIEW Chapter 1 Dr. BALAMURUGAN MUTHURAMAN.
Warm UP 1.Explain Recession and Depression. 2.What caused the Great Depression.
MONEY AND BANKING. What is Money?  Money- anything that people are willing to accept in exchange for goods Types of Money  Coins- metallic forms of.
INTRODUCTION It is the central bank of India Its headquarter is in Mumbai Its present governor is Dr.D.Subbarao It has 22 regional offices most of them.
Alomar_111_201 Chapter 14: Money Creation. Alomar_111_202 How commercial banks can create checkable deposits and issue loans? By this, money is created!
TOPIC 1 INTRODUCTION TO MONEY AND THE FINANCIAL SYSTEM.
MANAGING THE ECONOMY AND THE FED
Ch The FED.
DEVELOPMENT OF U.S. BANKING
Chapter 14: Banks and the Federal Reserve System
Banks and Finance.
Chapter 16: The Federal Reserve and Monetary Policy Section 2
Understanding Money and Banking
The Federal Reserve and The Supply and Cost of Credit
Banking Law and Regulation
Chapter 24 Notes: Money and Banking in the United States
The Federal Reserve System: History and Structure
The Federal Reserve Purposes and Functions
Money & Banking SESSION 1 BANKING By Dr. Soha El Magawry.
Unit Four: Monetary Policy.
Standard SSEMA2- Explain the role and function of the Federal reserve.
Module 27-The Federal Reserve and Monetary Policy
Financial Institutions
Financial Institutions
Multiple Deposit Creation and the Money Supply Process
MONEY AND THE FINANCIALSYSTEM
Banking and the U.S..
The Federal Reserve and Monetary Policy
Graphic Organisers Economics
Chapter 17 The Financial System.
Fintech Chapter 4: Financial Institutions
Banks and their products
Accounting for financial institution
Policy #13: Banking Taxing, spending, and borrowing is monetary policy. Trading a Coke for a Sprite is also called bartering. Cutting taxes on the wealthy.
Chapter eight Types of Banks
CHAPTER 9 Who Controls the Money Supply and How?
Foundation of Economic Analysis 3250:600
Copyright 2005 Prentice- Hall, Inc.
TOOLS OF FED POLICY OPEN MARKET OPERATIONS DISCOUNT LOANS
Presentation transcript:

Banking System of Great Britain

the law on banking activity 1979 the law on banking activity credit institutions recognized banks licensed companies accepting deposits

The banking system of GB Level 1: Central Bank Level 2: Commercial Banks Specialized Banks: - Trading - Foreigh - Savings Banks - Discount Houses

Central Bank of Great Britain Bank of England Founded in 1694 1268 shareholders 1200 pounds Nationalized in 1946

The role of the Central Bank emission of banknotes Influence on the size of cash reserves of banks and money stock the adviser of the government concerning monetary and credit policy operations on management of official gold and exchange currency reserves regulation of an exchange rate of pound sterling

Supervision of banking system Accounts of other banks Accounts of the government and the governmental departments Management of a public debt

Commercial Banks “the great four”: National Westminster Barclays RBS Lloyds

Passive operations: reception of deposits: - deposits at call - deposit accounts - savings deposits

Active operations: dicount loans investments in securities

Specialized banks Trading banks Foreign banks Savings banks