Banking
What does MAS stand for?
Monetary Authority of Singapore
Name one financial market.
The stock market, Bond market, forex, commodities, and the real estate market
Name 2 digital banks.
Singtel, Grab, Sea Lt, Ant Group’s ANEXT, Green Link Digital Bank (GLDB) and more!!
Is DBKF difficult??
Somewhat, but it is very rewarding
Name 3 different currencies.
Any currency
Name 3 roles in a bank.
Relationship Manager, Loan Processor, Mortgage Consultant, Credit analyst, Investment banker, Financial advisor/analyst, Asset manager, Internal Auditor, and more!!
Name a commodity.
Gold, oil, corn, wheat, rubber, and more
Name 2 cryptocurrencies excluding BTC and ETH
Tether, Cardano, Solana, Binance Coin, Binance USD, Dogecoin (DOGE), Polkadot, XRP, and more!!
Will tech skills be taught in DBKF?
Yes
State 1 function of paper money.
Store of value, medium of exchange and a function of account
What are the 3 types of offices in a bank?
1. Front Office
2. Middle Office
3. Back Office
What is the difference between a stock and a bond?
A stock is an equity instrument, whereas a bond is a debt instrument
A bond has maturity, while a stock doesn’t
Where are cryptocurrencies based?
Blockchain
Name 3 companies that SP partners with.
UOB, Institute of Financial literacy and prudential
When did the Asian financial crisis occur?
1997
Name the 2 types of business strategies.
Cost-leadership, Specialist Niche, Differentiation, Focused differentiation, Focused low-cost, Integrated low-cost differentiation
What is CCC ?
The CCC refers to the cash conversion cycle used to indicate the days a company requires a loan to finance their working capital shortfall
Name 1 technology used to enhance security in digital banking.
Data encryption/Login protection(face recognition)/Artificial Intelligence/Digital account opening/API deployment/Video collaboration tools/Robotic process automation.
Name the 3 unique propositions for DBKF.
Industry relevance and recognition, Expertise and insights, Digital and analytical skills
Name 3 examples of foreign exchange instrument.
FX swaps, options, futures, forwards
What is the process of a bank loan origination?
Credit application (Evaluate the customer)
Submission of loan proposal
Evaluation and Approval
Administration and monitoring
Name 2 key things to consider when financial planning
1. Age
2. Income
3. Risk Appetite
4. Financial goals
What is the future technology in banking?
Cloud computing
Name 3 modules learnt in DBKF.
What is the world's most stable currency?