1. BANKING – WHAT IT IS AND WHAT IT ISN’T

2. What is this all about?
Explain the role of the banks in keeping the economy flowing
Identify the different products and services that banks provide and what they may be used for
Explore the ways in which banks support the wider community
To answer any questions you might have

3. What do we know about banking?
What do you already know about banking or think you know about banking…
When did the history of banking begin?
It began with the merchants of the ancient world, who made grain loans to farmers and traders who carried goods between cities.
2000BC

4. What do we know about banking?
2. What proportion of the whole UK economy is made of banking?
So £1 in every £12 earned in the UK is made up by banks. 8%

5. What do we know about banking?
3. What do you think you need to open the vaults at the Bank of England?
3ft
long key

6. Banking and the economy
Money is earned
Money is loaned
Money is spent
Money is saved

7. Banking and the economy
Money is earned
Money is loaned
Money is spent
Money is saved

8. Savings services Current Account Savings Account ISAs Pensions
Making banking
easy
Savings Account
Securely saving
your money
ISAs
Make your money
grow, quick and easy
Pensions
Thinking about
your future

9. Borrowing products Mortgages Personal Loans Credit Cards
Helping you get on to the property ladder
Personal Loans
Borrowing for a fixed period of time
Credit Cards
Can used any time anywhere and protects you from fraud

10. Timeline Under 19s Account Graduate Account Current Account
Savings Account
Savings Account
Savings Account
Savings Account
Savings Account
Student Account
ISA
ISA
ISA
ISA
Savings Account
Credit Card
Credit Card
Credit Card
Credit Card
Mortgage
Mortgage
Mortgage
Pension
Pension
Pension
Pension
Personal Loan
Personal Loan

11. Banks you may have heard of

12. Banking and local communities

13. Banking and local communities - Activity
In groups, create a campaign poster outlining your own community initiative and they ways that the bank can help make it a success.
Your poster needs to have a clear message, be eye catching and colourful.

14. YOUR POSTER
Make sure you think about the following when designing your poster:
What is your community activity
What are the benefits of this for the community
What help will you need form the bank to make it happen
How can you make it eye-catching – think bright colours, pictures and bold writing

15. RECAP OUR OBJECTIVES
Explain the role of the banks in keeping the economy flowing
Identify the different products and services that banks provide and what they may be used for
Explore the ways in which banks support the wider community

16. resources
Resources to support the delivery of this session can be found here.