This fourth edition of Retail Banking is a comprehensive, up-to-date introduction to the principles of banking. Aimed at bank staff and students the text is packed with international examples and case studies and covers all aspects of banking in the modern financial services industry. It clearly explains the regulatory, social, technological and practical environment in which retail banks operate. Topics covered include: banking risks and regulationpayment methods, fund transfers, collecting and paying banksprinciples of the banker-customer relationshipthe balance between liquidity and profitabilityprinciples of lending and key credit risk tools. The text is complemented by online support material and a tutor resource containing dozens of practice tasks for students.

This fourth edition of Retail Banking is a comprehensive, up-to-date introduction to the principles of banking. Aimed at bank staff and students the text is packed with international examples and case studies and covers all aspects of banking in the modern financial services industry. It clearly explains the regulatory, social, technological and practical environment in which retail banks operate. Topics covered include: banking risks and regulationpayment methods, fund transfers, collecting and paying banksprinciples of the banker-customer relationshipthe balance between liquidity and profitabilityprinciples of lending and key credit risk tools. The text is complemented by online support material and a tutor resource containing dozens of practice tasks for students.

As well as an increasing diversity of companies selling financial products the industry is also coming to terms with and starting to benefit from technology as a means of marketing itself and establishing a relationship with its customers. This up-to-date description of financial institutions, systems and markets alongside an introduction to payments systems, lending and the law makes this a unique introductory text. "The Business of Banking" is an ideal book for any student of business and finance. It is based on a text which has been used for several years by student on an introductory course run as part of a Business and Finance degree at Loughborough University.