Слайд 21979
the law on banking activity
credit institutions
recognized banks licensed companies accepting deposits

Слайд 3The banking system of GB
Level 1: Central Bank
Level 2: Commercial Banks
Specialized

Banks:
- Trading
- Foreigh
- Savings Banks
- Discount Houses
Слайд 4Central Bank of Great Britain
Bank of England
Founded in 1694
1268 shareholders

1200 pounds
Nationalized in 1946
Слайд 5The role of the Central Bank
emission of banknotes
Influence on the size

of cash reserves of banks and money stock
the adviser of the government concerning monetary and credit policy
operations on management of official gold and exchange currency reserves
regulation of an exchange rate of pound sterling
Слайд 6Supervision of banking system
Accounts of other banks
Accounts of the government and

the governmental departments
Management of a public debt
Слайд 7Commercial Banks
“the great four”:
National Westminster
Barclays
RBS
Lloyds

Слайд 8Passive operations:
reception of deposits:
- deposits at call
- deposit accounts
- savings deposits

Слайд 9Active operations:
dicount loans
investments in securities
