Course aims:

This course aims to provide students with an insight into the major features of the banking business and to provide a framework for the understanding of the different types of banks and banking activities.
Goal of the course is to enable the students understand the basic concepts of banking operations and the practical aspects of banking transactions.
The students should be able to understand the evolution, structure of different types of Banking Institution and their roles

Course Entry Requirements:

-

Course contents:

• Evolution and the structure of the banking national systems (Romanian system in teh European context). • Explain the evolution and structure of different types of Banking Institutions - Central Bank, Commercial Banks and non Banking/Finance Institutions. • Explain sources of funds, functions and the management of the Banks. • Bankers’/Customers’ relationship in the cash operations. Bank services and methods of payments through banking systems. • Define banking operation. Explain the various types of accounts, savings, current, loan etc. • Describe the types of customers holding the various accounts. • Bank's Liabilities - Customers' deposits. • Describe the procedures for opening and closing of accounts. • Commercial Bank lending/borrowing principles. • Introduction to Banking Risks' Administration. • Banking Performance.

Teaching methods:

Lecture, conversation, exemplification.

Learning outcomes:

Students will be able to:  understand and appreciate the difference between the role of private sector banks and the role of central banks  explain the services offered to customers by banks concerning cash operations and payment methods  apply the principles of borrowing/ lending applied by commercial banks in their decision making  identify and solve problems and make decisions using critical and creative thinking concerning the banking operations  work effectively with others as members of a team, group, organisation and community in the banking area

Learning outcomes verification and assessment criteria:

Exam – 80%; verification during semester – 20%.

Recommended reading:

Socol A., • Dănulețiu A.E., Iuga I., Socol A., Investigating Banking Households' Deposits using Vector Autoregressive Model VAR, Revista Annales Universitatis Apulensis, Series Oeconomica, nr. 16(1), p. 85-103, 2014, ISSN 1454-9409., Annales Universitatis Apulensis, Series Oeconomica, ALBA IULIA, 2014, 85-103.
Socol A., • Socol A., Dănulețiu A.E, Analysis of the Romanian Banks' Performance through ROA, ROE and Non-performing Loans Models, Revista Annales Universitatis Apulensis, Series Oeconomica, nr. 15(2), p. 594-604, 2013, ISSN 1454-9409., Annales Universitatis Apulensis, Series Oeconomica, ALBA IULIA, 2013, 594-604.
Socol A., • Socol A., Loan Losses Provisioning Processes In Romanian Banks During January 2007 - February 2011, Revista Annales Universitatis Apulensis, Series Oeconomica, nr. 13(1), p. 106-112, 2011, ISSN 1454-9409., Annales Universitatis Apulensis, Series Oeconomica, ALBA IULIA, 2011, 106-112.
Socol A., Corovei E.A., Socol A., The Macroeconomic Drivers for Household Deposits Growth in the Eurozone, Academic Journal of Economic Studies, vol. 5, no. 3, 2019, pp. 144-151, ISSN 2393-4913. https://ideas.repec.org/a/khe/scajes/v5y2019i3p144-151.html, Academic Journal of Economic Studies, Bucuresti, 2019, 144-151.
Socol A., Corovei E.A., Socol A., The Impact of Political Stability on Economic Growth in European Union, Ovidius University Annals, Economic Sciences Series, Volume XIX, Issue 1/2019, pp. 8-14, https://ideas.repec.org/a/ovi/oviste/vxixy2019i1p8-14.html IS, Ovidius University Annals, Economic Sciences Series, Constanta, 2019, 8-14.