BSF - 5-Day Banking Training - PART 1

One major economic role of banks is transforming savings into:

• Government revenue

• Physical currency notes

• Productive investments and capital

• Marketing budgets

The historical origin of the word "Bank" (from 'banca') relates to:

• River banks where trade occurred

• Benches/tables used by early money dealers

• The first bank building's architect

• A type of secure vault

Financial Intermediation helps overcome market imperfections such as:

• Lack of skilled bank employees

• Global political instability

• Information asymmetry & transaction costs

• Competition from foreign banks

Which core function involves banks connecting savers with borrowers/investors?

• Payment Processing

• Financial Intermediation

• Regulatory Reporting

• Marketing & Sales

Which BSF division primarily serves individual customers and SMEs with everyday banking needs?

• Treasury

• Corporate Banking

• Retail Banking

• Internal Audit

Managing BSF's own liquidity, funding, and market risks (FX, Interest Rate) is the core internal responsibility of which department?

• Risk Management Department

• Treasury Department

• Retail Banking Department

• Operations Department

The bank division focused on providing complex financing, trade finance, and cash management to large Saudi corporations is:

• Private Banking

• Retail Banking

• Corporate (Wholesale) Banking

• Operations Department

Ensuring transactions are processed accurately, efficiently, and securely after initiation by business lines is the primary role of:

• Marketing Department

• Operations Department

• Human Resources

• Strategy Department

Which department designs, builds, manages, and secures the bank's IT infrastructure and applications?

• Finance Department

• Technology (IT) Department

• Legal Department

• Compliance Department

The control function responsible for identifying, assessing, measuring, and mitigating potential threats (like Credit or Operational Risk) to the bank is:

• Compliance

• Internal Audit

• Risk Management

• Finance