ROUTINE TASK ECONOMIC ENGLISH

About Banking

Arranged to fulfill the tasks of the Economic English course

Supporting lecturer : Andri Zainal,M.Si,ph.D. Ak,CA / Choms Gar G! Si"arani,S.#d,M.Si

Arranged By :

A$DA C$A%&'((%SA )*+-*

M'$AMMAD 0A&$A( &AMAD$A( )*+--+

S!E00A(% !.M S%GA1%(GG%(G )*+2-

ACULT! O ECONOMICS

ECONOMICS STU"! #ROGRAM

$%&'
 

#REACE

!hank ou 3e pra to the Almight God 3ho has al3as "esto3ed $is merc and grace, so

that the 3riter can complete the routine task of the Economic English course group.

And as a 3riter, reali4e that there are still man mistakes and disad5antages that make this

 paper.. !he author onl tries as much aass possi"le 3ith the a"ilit of the author.
 paper author.

!his paper 3as made to fulfill the tasks of the Economic English Course. 6 completing this

 paper, the authors

authors hope that this imperfect paper can pro5ide
pro5ide man "enefits that 3e can take.

Medan( *+ March -*7

  )riter

1
 

TABLE O CONTENTS

#&E0ACE.....................................................................................................................*

!A61E 80 C8(!E(!S..............................................................................................-

CHA#TER I INTRO"UCTION********************************************************************************+

*.* 6ackground.............................................................................................................

*.- 0ormulation of the pro"lem.....................................................................................

*. #urpose of !he #aper..............................................................................................

CHA#TER II LITERATURE
LITERATURE O S
STU"!*********************************************
TU"!*************************************************************
*******************
***,,

-.* 1iterature of Stud..................................................................................................

CHA#TER III THEOR! AN" "ISCUSSION*********************************************************-

.* 9hat is the 6ank...................................................................................................2

.- !pes of 6ank.........................................................................................................2

. 6ank 0unction.........................................................................................................;

. #urpose of 6ank......................................................................................................)

.2 6ank 6enefit............................................................................................................)

.; 6ank<s Duties..........................................................................................................)

CHA#TER I. CLOSING*******************************************************************************************/

.* Conclusion .............................................................................................................+

BIBLIOGRA#H!*******************************************************************************************************'

2
 

CHA#TER I
INTRO"UCTION

&*& Ba0kground o1 T2e #a3er

%n general, the 6ank is kno3n as a financial institution 3hose main acti5ities are recei5ing
deposits, demand deposits, sa5ings and deposits. !hen the 6ank is also kno3n as a place to
 "orro3 mone =credit> for people 3ho need it. 6esides
6esides that "anks are also kno3n to e?change
mone, or accept all forms of paments such as electricit, telephone, 3ater, ta?, tuition and
so on.

6anks are financial institutions 3hose main "usiness is to raise funds from the pu"lic and
redistri"ute the funds to the communit and pro5ide ser5ices in the traffic of paments and
circulation
circulation of mone
mone.. 0rom this understanding
understanding it can "e conclu
concluded
ded that there are three main
functions of the 6ank, namel:

@ 6a
6ank
nkss as inst
instit
itut
utio
ions
ns th
that
at coll
collec
ectt fu
fund
ndss fr
from
om ththee pu"l
pu"lic
ic in th
thee fo
form
rm of depo
deposi
sits
ts..
@ 6anks as institutions that channel funds to the pu pu"lic
"lic in the form of credit and other forms
@ 6a
6ank
nkss as inst
instit
itut
utio
ions
ns ththat
at faci
facili
lita
tate
te trtrad
adee tr
tran
ansa
sact
ctio
ions
ns and
and momone
ne
 regu
regula
lati
tion
ons.
s.
!he compiler takes the theme of mone papers, "anks and mone printing "ecause it is

interesting to learn especiall in the economic field that 3ill not "e separated from the term.

&*$ or4u5ation o1 T2e #rob5e4

*. 9hat
9hat is a " "an
ank
k
-. 9ha
9hatt is specif
specif
 the tpe
tpe and
and funct
function
ion o
off the "ank 
"ank 
. 9hat iiss speci
specif
f the purp
purpose,
ose, "
"enefits
enefits and dduties
uties o
off the "ank 

&*+ #ur3o6e o1 T2e #a3er

*. to fi
find
nd out the def
defini
initio
tion
n of
of a "ank 
"ank 
-. to fin
find
d out
out the ttpe
pe and
and funct
function
ion o
off the "ank 
"ank 
. to fin
find
d out
out the purpo
purpose,
se, "e
"enefits
nefits and duties
duties of the
the "ank 
"ank 

CHA#TER II

3
 

LITERATURE O STU"!

$*& Literature o1 Study

a. According
According to !hom
!homasas Maer,
Maer, ames
ames D. Duesen
Duesen"err
"err and
and Z. Ali"er 
6anks are financial institutions that are 5er important for us, create some mone and
ha5e 5arious other acti5ities.

 ". According to 0.E. #err,

#err, a "ank is a "usiness entit that deals 3ith mone,
mone, accepts
deposits
deposi ts =depo
=deposits>
sits> from custom
customers,
ers, pro5ides
pro5ides funds for each 3ithd
3ithdra3al,
ra3al, collects checks
on the orders of customers, gi5es credit and or implements e?cess deposits until needed
for repament.

c. Ac
Acco
cord
rdin
ing
g to B
Basm
asmir
ir =-
=-+
+:: ->
argues that 6anks are financial institutions 3hose acti5ities collect funds from the pu"lic
in the form of deposits then channel "ack to the communit, and pro5ide other "ank 
ser5ices.

d. Acco
Accordi
rding
ng to Denda
Denda3i
3iaa
aa 6anks
6anks are a "u
"usin
siness
ess entit
entit 3hose
3hose main task is financ
financial
ial
intermedia
interme diar
r institu
institutio
tions
ns tha
thatt cha
channe
nnell funds
funds fro
from
m partie
partiess 3ho are o5er@f
o5er@fund
unded
ed at a
specified time.

CHA#TER III

4
 

THEOR! O "ISCUSION

+*& )2at i6 Bank7

!he 6ank isand

to the communit a financial
pro5ide"usiness
ser5icesinstitution
related to3hose
other o" is to collect
finances and channel
as a profit funds
and help the
communit impro5e li5ing standards in general.

According to &epu"lic of %ndonesia 1a3 (o. * of *77+ dated (o5em"er *, *77+
concerning
concer ning "anking,
"anking, it can "e concluded that the "anking "usiness include
includess three acti5ities,
namel collecting
collecting funds,
funds, chann
channeling
eling funds, and pro5i
pro5iding
ding other "ank ser5ices. Acti5
Acti5ities
ities to
collect and channel funds are the main acti5ities of the "ank 3hile pro5iding other "ank 
ser5ices are onl supporting acti5ities. !he acti5it of raising funds, in the form of collecting
funds from the pu"lic in the form of deposits, sa5ings, and deposits. 'suall 3hile gi5en
attracti5e ser5ices such as flo3ers and gifts as stimuli for the communit. Acti5ities to
channel funds, in the form of lending to the communit. 9hile other "anking ser5ices are
 pro5ided to support the smooth running of the main acti5ities.

+*$ Ty3e6 o1 Bank6:

a. In terms of its function

8 Co44er0ia5 bank6
Commercial 6anks are "anks that carr out "usiness acti5ities in a con5entional manner and /
or "ased on sharia princip
principles
les 3hich in their acti5ities
acti5ities pro5ide ser5ices in pam
pament
ent traffic. %n
addition, the Commercial 6ank is also called a 0oreign E?change 6ank.

8 #eo35e96 Credit Bank B#R;

&ural 6ank =6#&> is a "ank that conducts "usiness acti5ities con5entionall or "ased on
sharia principles 3hich in its acti5ities do not pro5ide ser5ices in pament traffic. %n addition,
the &ural 6ank =6#&> is also referred to as a non@foreign e?change "ank.

b. Seen in terms of ownership

8 Go<ern4ent8O=ned Bank 
9here "oth the deed of esta"lishment
esta"lis hment and capital are o3ned " the go5ernment so that all the
 profits of this "ank are also o3ned " the go5ernment. !he contents of go5ernment@o3ned
 "anks include:
 6ank (egara %ndonesia ; =6(%>
 6ank &akat %ndonesia =6&%>
 State Sa5ings 6ank =6!(>

5
 

8 Nationa5 #ri<ate O=ned Bank 

!his tpe of "ank is 3holl or partl o3ned " the national pri5ate sector and its founding
deed 3as also esta"lished " the pri5ate sector, as 3ell as the pro5ision of profits for pri5ate
 profits as 3ell.

E?amples of national pri5ate "anks include:

 6ank Muamalat
 6ank Central Asia
 6ank 6umi #utra
 6ank Danamon

8 Bank O=ned by Coo3erati<e6

83nership of "ank shares is o3ned " a cooperati5e compan. An e?ample is the %ndonesian
Cooperati5e Commercial 6ank.

8 oreign O=ned Bank6

!his tpe of "ank is a "ranch of a "ank that is a"road, "oth foreign and pri5ate o3ned " the
go5ernment. 8"5iousl the o3nership is also o3ned " foreign parties.
 E?amples of 0oreign 83ned 6anks include:
 Deutsche 6ank 
 6ank of America
 6ank of !oko

c. Viewed from the Status Side

8 oreign E>02ange Bank 
%t is a "ank that can carr out o5erseas transactions or related to foreign currencies as a
3hole, such as o5erseas transfers, o5erseas inclusion, tra5elers checks, opening and pament
of letters of credit and other transactions. !he reFuirements to "ecome a foreign e?change
 "ank are determined " 6ank %ndonesia.

8 Non8oreign E>02ange Bank6

%s a "ank that does not et ha5e permission to carr out transactions as a foreign e?change
 "ank. So non@foreign e?change "anks are the opposite of foreign e?change "anks, 3here
transactions are carried out 3ithin national "orders.

+*+ Bank un0tion6:

!he 6anks
6anks functio
functionn is "roadl
"roadl
 as a go5go5ern
ernmen
mentt tool
tool to maintai
maintain
n monetar
monetar
 and
financial economic sta"ilit.
!he 6anks functions are narro3, namel as a means of 3ithdra3al of currenc and demand
deposits from the pu"lic and channeling it to the pu"lic.

T2e 4ain bank 1un0tion6 are +( na4e5y:

6
 

*. !he "ank ser5es as a tool to collect and channel funds to the pu"lic.
-. !he function of "anks is to mo"ili4e funds for the economic de5elopment of a countr, "
rais
isiing fu
fun
nds from the pu"li licc to in5est in the de5elopment of the countr.
. !he "ank functions as an institution that pro5ides ser5ices to the communit
communit,, in the form of 
 "anking ser5ices to the communit so that the communit feels comforta"le and safe in
storing the funds.

+*, T2e 3ur3o6e o1 t2e bank 

%n general, the aim of %ndonesian "anking is to help implement national de5elopment
in order to achie5e eFuit, economic gro3th, and increase pu"lic 3elfare.

%ndonesian "anking aims to support the implementation of national de5elopment in

order to increase eFuit, economic gro3th and national sta"ilit in the direction of increasing
the mass of the people.

+*-* Banking bene1it6:

@ As an in5estment model
@ As protecting 5alue
@ #rice information
@ Speculati5e functions
@ #roduction management functions run 3ell and efficientl

+*? Bank96 dutie6

a. Commercial banks

 Distri"uting credit to the pu"lic, especiall 3eak economic entrepreneurs and small
entrepreneurs
 Assessing the eligi"ilit of "usiness feasi"ilit
 Distri"uting part of foreign currenc loans to facilitate and finance non@oil and gas

e?port acti5ities.
b. Bank Indonesia

@ $a5e the right to issue "anknotes or metals

@ Mone issued " %ndonesian "anks as a legal pament instrument
@ Determine the amount of mone in circulation
@ Announce
Announce ne3 forms of mone to the communit
@ Mone issued is free of stamp dut
@ Controlling the amount of foreign mone in circulation

CHA#TER I.

7
 

CLOSING

.* Conclusion

According to &epu"lic of %ndonesia 1a3 (o. * of *77+ dated (o5em"er *, *77+
concerning
concer ning "anking,
"anking, it can "e concluded that the "anking "usiness include
includess three acti5ities,
namel collecting
collecting funds,
funds, chann
channeling
eling funds, and pro5i
pro5iding
ding other "ank ser5ices. Acti5
Acti5ities
ities to
collect and channel funds are the main acti5ities of the "ank 3hile pro5iding other "ank 
ser5ices are onl supporting acti5ities. !he acti5it of raising funds, in the form of collecting
funds from the pu"lic in the form of deposits, sa5ings, and deposits. 'suall 3hile gi5en
attracti5e ser5ices such as flo3ers and gifts as stimuli for the communit. Acti5ities to
channel funds, in the form of lending to the communit. 9hile other "anking ser5ices are
 pro5ided to support the smooth running of the main acti5ities.

8
 

BIBLIOGRA#H!

file:///D:/0ileH-(isa/EconomicEnglish.pdf.pdf  

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https://makalah5all."logspot.com/-*/2/makalah@pengertian@fungsi@"ank.html  
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