Answer the following questions

1. What job seems the most interesting to you?

2. What is your future speciality?

3. How long does the course of study last in your university?

4. What make you choose this spesciality?

5. Are you ready for the hardships, which go together with this job?

6. What is a bank?

7. What types of banks (are there) do you know?

8. What functions do banks play in a national economy?

9. Who supervises and regulates the banking system of the country?

10. What are commercial banks?

11. What services do commercial banks offer to its customers?

12. What do banks charge for the services they offer to their customers?

13. Who owns commercial bank?

14. How does a bank start?

15. Who chooses the Board?

16. What is the Board’s task?

17. Who hires the employees?

18. What are the bank’s main activities?

19. How are the profits distributed?

20. How are the shareholders kept informed?

21. Why did the banking industry grow quickly over the last year?

22. According to what are the bank’s clerical jobs graded?

23. Where does everyone start a job in banking?

24. What grade ensures more personal contact with the customer?

25. Which clerk deals with regular payments?

26. Which clerk helps customers to manage their financial affairs?

27. Which clerk safeguards the bank’s interests in lending money?

28. Which job in the bank deals with customers travel requiems?

29. Which job in the bank offers the opportunities to exercise one’s own judgment?

30. What relationship should be built between Management and staff?

31. How should the work of a manager be assessed?

EXERCISES

І. Periphrases or explain the following word combinations

Bank management

The Report and Accounts of a bank

Clerical job

Overall policy

Day-to-day control

To conduct a banking business

To act as one’s assistant

ІІ. Find in the text English equivalents to the following word combinations. Make sentences of your own with them.

Управляти банком; мати палке бажання; цікавитись банківською справою; зберігати коштовності; позичати гроші з метою особливого призначення; розраховуватися з боргами на чолі когось; фінансовий (фіскальний) рік; конторська робота; посада ведучого економіста; щоденний нагляд; начальник відділу.

III. Fill in the blanks with the proper words and phrases from the box.

Handle; to exercise; to run the bank; to earn profit; banking business; personal contact.

1. Banks are institutions which . . . other people’s money both to their advantages and its own profits.

2. Banker is a person conducting a . . .

3. The aim of commercial banks is . . .

4. It takes a lot of employees . . .

5. The work of an economist of the second category gives more . . . . . . with customers.

6. The grade of a chief economist is the senior of the . . . grades.

7. The branch manager is given opportunity . . . your own judgment in a number of matters.

IV. Ask question to give the following answers:

1. Q . . .?

1. Historically, the bank has grown of community needs.

2. Q . . .?

3. Commercial banks are banks in the classic business of, taking deposits and lending money.

4. Topically, a bank consists of some departments, divisions and branches.

5. Q . . .?

6. The ordinary shareholders at the Annual General Meeting elect the Board of the bank.

7. Q . . .?

8. In preparation for the Annual General Meeting, a bank published its Report and Accounts.

9. Q . . .?

10. The clerical jobs are graded according to the demands and responsibilities of each particular position.

22. Translate the following from Ukrainian into English.

1. Я цікавлюся банківською справою ще зі школи.

2. Історично банк надає місце для зберігання коштовностей, джерело запозичення грошей з метою особливого використання, а також можливість сплатити борги без перенесення великих сум грошей з місця на місце.

3. Існує багато різних термінів, якими називаються різні банки: центральні банки, комерційні банки, інвестбанки, ощадні, кооперативні, іпотечні.

4. Правління банку опікується загальною політикою банку та основними рішеннями щодо втілення цієї політики в життя.

5. З офіційного звіту банку акціонери можуть довідатись про справи банку: загальний дохід та яка частина доходу розподіляється

6. Найнижчою посадою у банку є посада банківського службовця першого рівня – молодшого економіста.

7. Другим рівнем є посада економіста.

8. Наступний рівень – це посада ведучого економіста

9. Останній рівень – посада головного економіста

10. Головний економіст банку працює у тісному зв’язку з начальником відділу і надає всю інформацію, необхідну для щоденного нагляду за розрахунками та наданням позики.

VI. Make up meaningful phrases of the components from the text:

To be interested in banking

To grow out of basic needs

To consists of some departments

To be concerned with the overall policy

To be distributed to the shareholders

To be available for anyone

To be graded according to the dements

To be To grow To consist To be concerned To be distributed To be available To be graded

According For Out of To In With Of

Anyone The demands Basic needs The shareholders Banking Some departments The overall policy

TEXT B