Blank

Introduction to Banking Products and Services (online)

Introduction To Banking Products And Services (Online) (1)
Course Date

Sunday, 13 April 2025

Course Overview

This comprehensive course is designed to provide participants with a deep understanding of how banks operate globally, the products and services they offer, and the key functional areas within banking institutions. Participants will explore specialized banking sections like trade finance and treasury, and understand the importance of the credit function.

Additionally, the course will guide participants on how to navigate and build a successful career in banking.

โ€‹

Course Objectives

By the end of the course, participants will:

  • Understand the global banking ecosystem and its operational principles.

  • Identify the key products and services offered by banks.

  • Distinguish between retail, corporate, and investment banking functions.

  • Gain knowledge of trade finance products such as Letters of Credit (LC), Letters of Guarantee (LG), and Documentary Collections (DC).

  • Learn the fundamentals of the International Chamber of Commerceโ€™s UCP 600 for LC.

  • Explore the roles and responsibilities of the credit and treasury sections.

  • Understand the roles of compliance, legal, and customer services sections within banks.

  • Receive practical advice on pursuing a career in banking and advancing within the industry.

โ€‹Course Topics
โ€‹

Introduction to Banking

  • The role of banks in the global economy.

  • Types of banking institutions.

  • Regulatory frameworks and compliance.

Banking Products and Services

  • Deposit products: savings, checking accounts, term deposits.

  • Lending products: loans, credit lines, and mortgages.

  • Additional services: digital banking, remittances, and payment solutions.

Main Banking Sections

  • Retail Banking: personal finance products and services.

  • Corporate Banking: tailored solutions for businesses.

  • Investment Banking: capital markets and advisory services.

  • Compliance: ensuring adherence to regulations and managing risks.

  • Legal: supporting contractual and regulatory needs.

  • Customer services: managing clientโ€™s request, open bank accounts, handling client complaint.

Trade Finance

  • Role and importance of trade finance in banking.

  • Overview of key trade finance products:

      • Letters of Credit (LC)

      • Letters of Guarantee (LG)

      • Documentary Collections (DC)

  • Understanding UCP 600: International standards for LC operations.

Credit Section

  • Importance of credit analysis and underwriting.

  • Key responsibilities of the credit section.

  • Risk assessment and management in lending.

Treasury Section

  • Overview of treasury operations.

  • Key products and services: forex trading, money markets, and liquidity management.

  • The role of treasury in bank profitability.

Banking Careers

  • Overview of career paths in banking.

  • Key skills and certifications for banking professionals.

  • Tips on advancing in the banking industry.

Course Duration and Time

  • Total Duration: 24 hours

  • 8 sessions (3 hours per session).

  • Schedule: Flexible timing, 3 sessions per week (e.g., Sunday, Tuesday, Thursday)

  • Time: 19:00 - 22:00 (Iraq time)

Mode of Delivery

  • Online via Zoom (Live interactive sessions).

Course Benefits

  • Gain practical knowledge applicable to real-world banking scenarios

  • Develop a strong foundation in various banking functions and services

  • Understand trade finance products and global standards (LC - UCP 600)

  • Enhance career prospects with insights into banking career paths

  • Flexible learning from anywhere in Erbil or beyond

Target Audience

  • Fresh graduates interested in banking careers.

  • Professionals looking to transition into banking.

  • Entry-level bankers seeking to enhance their knowledge and skills.

About the Trainer

The course will be delivered by an experienced banking professional with over 13 years of experience in finance and banking across middle east and recently in UAE โ€“ Dubai. The trainer holds prestigious certifications, including:

  • CBCA (Commercial banking & Certified Analyst), CFI institute, Canada

  • CertIFR (Certificate in International Financial Reporting). ACCA, UK

The trainer has a proven track record in corporate banking, credit analysis, and trade finance, having worked with leading regional and reputable banks with a deep understanding of banking operations and a commitment to fostering talent.

โ€‹

What is the cost?

The cost will be $240 including the training sessions materials and training delivery.

โ€‹

Payment

Must be made 7 working days before the start of the course. Payment can be made in cash, by bank transfer or through exchange offices.

โ€‹

How do I register?

You can register by emailing training@mselect.com with the following details:

  • Full Name:

  • City/Town:

  • Email Address:

  • Phone number:

  • Name of course: