Banks in modern economy

1. BANKS IN MODERN ECONOMY

Grade: 12

2. Learning objectives

LEARNING OBJECTIVES
know the functions of central and commercial banks
understand the role of the National Bank of Kazakhstan in
the economy

3. Banking system

BANKING
SYSTEM

4. Services typically offered by banks 1

SERVICES TYPICALLY
OFFERED BY BANKS 1
• Accounts
• Current accounts
• Packaged accounts
• Standard fee free accounts
• Basic current accounts
• Student and Graduate accounts
• Kids and youth accounts
• Savings accounts
• Offset accounts

5. Services typically offered by banks 2

SERVICES TYPICALLY
OFFERED BY BANKS 2
• Credit, ATM and debit cards
• Cashing cheques
• Money transactions
• Personal and business loans
• Mortgages
• Insurance products
• Pension and retirement planning
• Storing valuables

6. Watch the video and answer the questions

WATCH THE VIDEO AND ANSWER THE
QUESTIONS

7. Main Types of banks

MAIN TYPES
OF BANKS
• Central banks
• Commercial banks

8. Group work

Create a mind map/poster about …
1. functions of central banks
2. functions of commercial banks
GROUP
WORK
3. National Bank of Kazakhstan
Assessment criteria
1. Define meaning of …….
2. Explain the role and importance
3. Define at least 4 functions
4. Present to other groups

9. Pair work (homework)

PAIR WORK
(HOMEWORK)
Choose a different type of bank and prepare a presentation
1.
Define meaning of …….
2.
Explain the role and importance
3.
Define at least 4 functions
4.
Provide examples
5.
Be ready to present

10. Reflection

REFLECTION

11. Extra

EXTRA
• https://www.youtube.com/watch?v=-3rmMDDMaJg