The Asian Development Bank (ADB) is a multilateral development finance institution
founded in 1966 to promote social and economic progress in its developing member
countries in Asia and the Pacific (see ADB’s website: http://www.adb.org/about/main).
2.2 ADB’s principal functions are
- lending funds,
- providing grants,
- providing technical assistance and advisory services,
- promoting investments for development purposes, and
- assisting in coordinating the development policies and plans of developing
member countries.
Inquiries
2.3 Loan disbursement is handled by the Loan Administration Division of the Controller’s
Department.
2.4 For loan service payments and billing matters, inquiries are addressed to the
Accounting Division of the Controller’s Department.
Loan or Grant Regulations
3.4 The regulations4
further set out conditions for the use of loan or grant proceeds
financed by ADB, or proceeds administered by ADB.
5
These documents are expressly
incorporated in the associated loan agreement, guarantee agreement, or grant
agreement. If any provision of a loan agreement, guarantee agreement, or grant
agreement is inconsistent with a provision of these regulations, the provision of the
loan agreement, guarantee agreement, or grant agreement governs.
Loan Documents
3.5 Loan documents
6
include the following documents and agreements:
ȕ Thereport and recommendation of the President to the Board of Directors
(RRP) presents the project proposal for consideration by the ADB Board.
ȕ Theproject administration manual (PAM)
7
includes all the information and
schedules describing project implementation and project readiness filters
covering major preproject implementation actions (e.g., government approvals,
procurement, and resettlement) to ensure a rapid start-up and enable early
disbursement. It is mandatory
8
that the PAM be referenced in the RRP and in
the loan (or facility) agreements, is presented as a stand-alone linked document
to the RRP, and serves as the main document describing implementation details.
The PAM is prepared in the course of loan processing and initially agreed with
the government at the loan fact-finding stage. At loan negotiations, the borrower
and ADB shall review and confirm the PAM agreed during loan fact-finding to
ensure consistency with the loan agreement, and such confirmation shall be
reflected in the minutes of the loan negotiations. The detailed cost estimate by
financier (one schedule included in the PAM) is prepared based on Section J6 of
the ADB Operations Manual (Appendix 3A).
9
Related illustrative tables are also
provided in this handbook (Appendix 3B).

What Is A Bank?

9:11 AM    



What Is A Bank?
Students should be able to discuss what a bank is and what banks can do
for individuals. The best way to learn these things is to visit a bank and talk
with a customer service representative.
Pacing:
Approximately 90 minutes will be needed to complete this lesson.
Materials:
•  Access to the Internet for teacher and students
•  Service brochures from local banks
Background Information:
Banks are an integral part of the American economy. Using the services they offer is an
important part of the lives of most adults. Choosing a bank can be a difficult decision. In this
lesson, students will investigate and choose the services they need for basic banking practices.
Student Outcomes:
•  The student will be able to discuss (simulate a discussion) banking services with a
bank customer service representative.
•  The student will be able to complete both a regular checking and savings account
signature card.
•  The student will be able to make deposits to both regular checking and savings
accounts.
Essential Questions:
1.  What services do banks and credit unions offer?
2.  What can a bank do for me?
3.  Where are the banks in my hometown?
4.  What services do I need as a middle school student?
5.  Will opening a bank account cost me any money?
Bank
A bank is an institution, chartered by the state or federal government that takes deposits and
provides credit and other financial services.
Checking Account
A checking account is an account that allows customers opportunity to write checks on money
deposited. This status is also called demand deposits, because once money is deposited, it can be
demanded from the bank.
Regular Savings Account
A regular savings account requires you to make regular monthly deposits, up to set limits. Some
restrictions may be placed upon the account (e.g. limiting the amount of withdrawals or requiring
force a deposit every month); however, their higher interest rates make up for the restrictions.
Customer Service Representative
A customer service representative is an individualfrom the bank that performs business services
for their customers.
Deposit Slip
A deposit slip is an itemized slip showing the exact amount of paper money, coins, and checks
being deposited to a particular account.
Instructional Steps:
Step 1:As a warm up/bell ringer activity, have students answer the following questions prior to
beginning the lesson.
 1. Do you or your parents have a bank account? Why or why not?   2. What do banks do for your family?   3. Why are banks important to our society?
Step 2:The teacher should discuss, in general terms, what banks and credit unions are and what
services are offered to individuals. If possible,the teacher should visit one or two banks in the
neighborhood and obtain enough informational brochures for each student. Obtain deposit slips
for the students to use after they have “opened” an account. Arrange for a customer service
representative to visit the class, if possible.