Section 1

1. Among the active operations of banks is the granting of credits or loans to natural and legal persons, making investments and carrying out leasing and factoring, bank guarantees, etc. What are the benefits and risks of each of these active operations?

2. Among the passive operations of the banks is the collection of resources from the public through checking accounts, savings accounts, term deposit certificates CD's, issuance of negotiable securities, among others. Why do banks use this diversity of financial instruments for deposits and what are the general characteristics of each of them?

Section 2

1) Explain the basic function of commercial banking and what are the main characteristics of universal, specialized commercial and personal banking (Two pages). 2) How credits are classified in banking and what are the main financial services of banks in the USA other than credits (Three pages). 3) What are the main passive operations of the bank. Differentiate very well between the deposit instruments and the other liabilities with third parties (Bonds, securitizations or securitization, etc.). Max three pages. 4) State and explain what is meant by investors or institutional investors, who they are and what their function is in the financial and capital market (Maximum two pages).