- •Рецензенты:
- •Ю.А. Башкатова;
- •А.В. Колегаева
- •Предисловие
- •Lesson 1
- •1.2 Read and translate the text Financial institutions
- •1.3 Answer the questions to the text:
- •1.11 Read the dialogue
- •1.12 Role play. Work in pairs. Make up dialogues of your own.
- •1.13 Translate into English
- •1.14 Fill in the blanks with proper words given below:
- •Correspondent banking relationship
- •1.15 Comprehension questions
- •Lesson 2
- •2.1 Study the following words and phrases:
- •2.2 Read and translate the text Federal Reserve System
- •2.3 Answer the questions to the text:
- •2.8 Choose the correct answer
- •2.9 Choose one phrase that expresses the main idea of the text
- •2.10 Substitution Drill
- •2.11 Read the dialogue
- •2.12 Role play. Work in pairs. Make up dialogues of your own.
- •2.13 Describe the procedures of the Fed and their effect on the economy.
- •2.14 Translate into English
- •Lesson 3
- •3.1 Study the following words and phrases:
- •3.2 Read and translate the text Developments in banking
- •3.3 Answer the questions to the text:
- •3.8 Choose the correct answer
- •3.9 Choose one phrase that expresses the main idea of the text
- •3.10 Substitution drill
- •3.11 Read the dialogue
- •3.12 Role play. Work in pairs. Make up dialogues of your own.
- •3.13 Translate into English
- •3.14 Fill in the blanks with proper words given below:
- •Transferring funds abroad
- •3.15 Comprehension questions
- •Lesson 4
- •Study the following words and phrases:
- •4.2 Read and translate the text Financial management
- •4.3 Answer the questions to the text:
- •4.8 Choose the correct answer
- •4.9 Choose one phrase that expresses the main idea of the text:
- •4.10 Substitution drill
- •4.11 Read the dialogue
- •4.12 Role play. Work in pairs. Make up dialogues of your own.
- •4.13 Fill in the blanks with proper words given below:
- •International movement of currency
- •4.14 Comprehension questions
- •Lesson 5
- •5.1 Study the following words and phrases:
- •5.2 Read and translate the text How funds flow through a business
- •5.3 Answer the questions to the text:
- •5.8 Choose the correct answer
- •5.9 Substitution drill
- •5.10 Read the dialogue
- •5.11 Role play. Work in pairs. Make up dialogues of your own.
- •5.12 Translate into English
- •5.13 Fill in the blanks with proper words given below:
- •Letters of credit
- •5.14 Comprehension questions
- •Lesson 6
- •Study the following words and phrases:
- •6.2 Read and translate the text Starting - up financing
- •6.3 Answer the questions to the text:
- •6.8 Choose one phrase that expresses the main idea of the text
- •6.9 Substitution drill
- •6.10 Read the dialogue
- •6.11 Role play. Work in pairs. Make up dialogues of your own.
- •6.12 Translate into English
- •6.13 Fill in the blanks with proper words given below:
- •Commercial bank lending I
- •6.14 Comprehension questions
- •Lesson 7
- •7.1 Study the following words and phrases:
- •7.2 Read and translate the text Sources of funds I
- •7.3 Answer the questions to the text:
- •7.8 Choose the correct answer
- •7.9 Choose one phrase that expresses the main idea of the text
- •7.10 Substitution drill
- •7.11 Read the dialogue
- •7.12 Role play. Work in pairs. Make up dialogues of your own.
- •7.13 Translate into English
- •7.14 Fill in the blanks with proper words given below:
- •Commercial bank lending II
- •7. 15 Comprehensive questions
- •Lesson 8
- •8.1 Study the following words and phrases:
- •8.2 Read and translate the text Sources of funds II
- •8.3 Answer the questions to the text:
- •8.4 Find the English equivalents to the following phrases in the text:
- •8.5 Make up ten English sentences using words from the active vocabulary of the lesson
- •8.6 Which passage of the text contains information on:
- •8.7 Are these statements true, false, or not mentioned in the text?
- •8.8 Choose the correct answer
- •8.9 Choose one phrase that expresses the main idea of the text
- •8.10 Substitution drill
- •8.11 Read the dialogue
- •8.12 Role play. Work in pairs. Make up dialogues of your own.
- •8.13 Translate into English
- •Lesson 9
- •9.1 Study the following words and phrases:
- •9.2 Read and translate the text Long term financing (common stock, preferred stock)
- •9.3 Answer the questions to the text:
- •9.4 Find the English equivalents to the following phrases in the text:
- •9.10 Read the dialogue
- •9.11 Role play. Work in pairs. Make up dialogues of your own.
- •9.12 Fill in the blanks with proper words given below:
- •Foreign exchange I
- •9.13 Comprehension questions
- •Lesson 10
- •10.1 Study the following words and phrases:
- •10.2 Read and translate the text
- •Investors
- •10.3 Answer the questions to the text:
- •10.10 Read the dialogue
- •10.11 Role play. Work in pairs. Make up dialogues of your own.
- •10.12 Translate into English
- •Bibliography
- •Dictionaries
- •Содержание
- •Демиденко Ксения Анатольевна
- •650992, Г. Кемерово, пр. Кузнецкий, 39. Тел 75-74-16.
1.14 Fill in the blanks with proper words given below:
(a) correspondent |
(d) exchange |
(g) includes |
(b) letters of credit |
(e) customers |
(h) clearing |
(c) key |
(f) local markets |
(i) maintain |
|
|
(g) fees |
Correspondent banking relationship
The (1) … element of international finance and trade is the correspondent banking relationship. Banks usually (2) … а number of correspondent banking relationships. When two banks agree tо be correspondents with each other, they (3) … their signature books. The signature book (4) … signatures required for different transactions. Tо debit an account may require only one signature, and other transactions, such as (5) …, may require two or more signatures.
Correspondent banks provide various services and charge (6) … for each service. The services may include (7) … checks, foreign exchange trading, confirming and advising letters of credit, checking the credit of local (8) …, purchasing and selling securities, and safekeeping securities. (9)… banks are agents in their respective (10)… .
Words and expressions
key (adj) |
- ключевой |
relationship (n) |
- отношения |
to maintain (n) |
- поддерживать |
signature (n) |
- подпись |
to include (v) |
- включать |
to debit (v) |
- дебетовать |
transaction (n) |
- сделка |
letter of credit |
- аккредитив |
to provide (v) |
- обеспечивать, предоставлять |
various (adj) |
- разнообразные |
to charge fees |
- устанавливать плату |
to clear (v) |
- здесь: оплачивать (чек) |
to confirm (v) |
- подтверждать |
to advise (v) |
- советовать, извещать |
to check (v) |
- сверять, проверять, контролировать |
to purchase (v) |
– покупать |
security (n) |
- ценная бумага |
to safekeep (v) |
- хранить в сейфе |
1.15 Comprehension questions
What do the correspondent banks exchange?
What is а signature book?
How many signatures do you need to debit an account in а foreign correspondent bank?
Are the services provided by the correspondent bank free?
What services do the correspondent banks provide?
Lesson 2
Active vocabulary
2.1 Study the following words and phrases:
reserve (n) |
- резерв |
соntrol (n) |
- контроль |
member (n) |
- член |
member bank |
- банк-участник |
tо join (v) |
- вступать, присоединяться |
jointly (adj) |
- сообща |
to own (v) |
- владеть |
tо obtain (v) |
- приобретать |
to borrow (v) |
- брать в долг |
district (n) |
- район, административный округ |
assistance (n) |
- поддержка, помощь |
to receive (v) |
- получить |
dividend (n) |
- дивиденд |
stock (n) |
- основной капитал, фонды, акции |
supply (n) |
- поступления, поставки |
to supply (v) |
- поставлять |
money supply |
- денежная масса |
to prevent (v) |
- предотвращать |
powerful (adj) |
- сильный, мощный |
tool (n) |
- орудие |
tо require (v) |
- требовать, предлагать (сделать что-либо) |
requirements (n) |
- требования, предложения |
perсеntage (n) |
- процент |
tо keep (v) |
- держать, беречь, хранить |
to keep on hand |
- иметь на руках |
bond (n) |
- облигация |
tо increase (v) |
- увеличивать, повышать |
tо decrease (v) |
- уменьшать, понижать |
tо lend (v) |
- давать взаймы |
discount (n) |
- скидка |
discount rate |
- учетная ставка |
monetary (adj) |
- денежный |
tо tune (v) |
- настраивать |
tо fine tune |
- тонко настраивать |
tо influence (v) |
- влиять, воздействовать |
credit (n) |
- кредит |
to establish (v) |
- учреждать, устанавливать, основывать |
margin (n) |
- край, полоса, предел, маржа; прибыль |
marginal (adj) |
- предельный |
advance (n) |
- продвижение; аванс |
in advance |
- заранее, в задаток |
to clear (v) |
- здесь: оплачивать |
tо move (v) |
- продвигать, передвигать |
tо draw (v) |
- здесь: выписывать |
in case of |
- в случае ... |
tо fail (v) |
- терять; проигрывать, терпеть неудачу |
failure (n) |
- крах, неудача |
asset (n) |
- наличность, наличный капитал |
quality (n) |
- качество |
to earn (v) |
- зарабатывать |
earning (n) |
- за работок, доход |
cash (n) |
- наличность |