Banking Systems and Operations Framework

Course details

In this course, participants will learn about the banking system, the role of the Central Bank of Egypt and the role of banks in economic development. In addition, they will learn about retail banking, the variety of retail banking services and products offered, trade finance, and anti-money laundering requirements. Finally, participants will acquire the basic skills needed to perform a variety of banking operations.Course Description:

In this course, participants will learn about the banking system, the role of the Central Bank of Egypt and the role of banks in economic development. In addition, they will learn about retail banking, the variety of retail banking services and products offered, trade finance, and anti-money laundering requirements. Finally, participants will acquire the basic skills needed to perform a variety of banking operations.

Course Objectives:

• Discuss the banking system and its role in economic development
• Explain the banking operations activities
• Define retail banking and its operations
• Discuss trade finance: letters of credit and letters of guarantee
• Define money laundering and identify the role of banks in combating it

Course Outline:

Module 1: Introduction to the Banking System

• The banking system
• The role of the Central Bank of Egypt (CBE)
• The relationship between the government and the CBE
• Different types of banks and their roles

Module 2: Banking Operations

• Structure of commercial banks (main sectors and supportive sectors)
• Types of accounts
• Issuing checkbooks for customers
• Rent safe deposit boxes
• Standing payment orders
• Types of saving accounts (time deposits – CDs)
• Cash operations
• Foreign exchange
• Types and collection of commercial papers “checks and bills”
• Money transfers
• Banking checks, certified checks, travelers checks
• Definition of credit
• Treasury and capital markets
• Correspondent relationships
• Summary of supportive sectors

Module 3: Retail Banking Operations

• Retail banking
• Retail banking products
• Consumer loans
• Risk management
• Electronic banking operations

Module 4: Trade Finance

• Letter of Credit (L/C) and Letter of Guarantee (L/G)
• Types of L/Cs
• Types of L/Gs

Module 5: Combating Money Laundering

• Explanation of money laundering and the financing of terrorism
• Global requirements for the prevention of money laundering
• The role of banks in combating money laundering and terrorism financing

Assessment Strategy:

Participants will be assessed formally through an end of training course test