Certificate Number: AC-1587-43365024
This is to certify that the management of Alison awarded TEWODROS TADESSE FENTAW the certificate of
completion in Introduction to Banking under the category Teaching & Academics on 9th December 2024.
Validation: You can check authenticity of this certificate by visiting the following link:
https://alison.com/verify/b9859f51d4
Name: TEWODROS TADESSE FENTAW
Email: tewodrost48@gmail.com
Country: Ethiopia
Certificate Details
Introduction to Banking
[Score: 91]
Course Details
This course opens with an overview of a bank's income statements and defines ‘fractional reserve banking’.
We then study the ‘multiplier effect’, money supply, banknotes and cheques. Banknotes are the negotiable
promissory notes issued by a bank and we establish their importance before delving into the important
topics of loans and reserve ratios.
Many people have heard of ‘leverage’ and ‘treasuries’ but do not fully understand these important financial
concepts. This course sets you apart as you acquire a strong understanding of these topics to strengthen your
grasp of the banking system as a whole. We then cover the reserve bank, open-market operations (OMO),
federal funds rate, discount rate and the federal reserve balance sheet. Finally, we outline federal reserve
banking, deposit insurance and the London Interbank Offer Rate (LIBOR).
This course can benefit any aspiring business and finance professionals as well as anyone who would like to
learn more about banking and how the global financial system operates.
Modules Studied
Banking Basics
Introducting Fractional Reserve Banking
Course assessment