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Vocabulary Exercises

/. Find the English equivalents for the following words and word-combinations in the text and make up 10 sentences of your own with them:

  1. ощадна установа

  2. позичково-ощадна асоціація

  3. взаємоощадний банк

  4. кредитна спілка

  5. інвестиційний фонд

  6. банкомат

  7. активи

  8. різноманітний

  9. триваюча консолідація

  10. жорстка конкуренція

  11. поширюватись

  12. дворівнева банківська система

  13. ліцензувати

  14. Федеральна корпорація по страхуванню депозитів

  15. Управління контролю грошового обігу

  16. загальнонаціональний

  17. система платежів

  1. розповсюдження

  2. банківська холдингова компанія

  3. позначатись

  4. виконувати функції

  5. контроль за банківською діяльністю

  6. виконувати обов'язки

  7. обирати

  8. відповідати стандартам

  9. Рада керуючих

  10. приблизно

  11. заохочувати

  12. бути в небезпеці

  13. тимчасове управління

  14. зрештою

  15. поглинати/ об'єднувати

//. Complete the sets of synonyms from the list: to carry out, to spread, to execute, to grow, to increase, to implement, to inflate, to perform, to enlarge, to realize, to broaden, to accomplish.

  1. to fulfill -

  2. to expand -

ZZ7. Complete the sentences using the following words: to operate, regulatory, deposits, federal, chartered, loans, dual, financial, approximately, state.

  1. Today the United States has a ... banking system in which banks ... by the federal government and by the state ... side by side.

  2. A commercial bank is a ... institution that holds the ... of individuals and businesses and use them to make ... to individuals, businesses and the government.

  3. ... 6,400 US banking organizations had an asset size of less than $50 million.

  1. Actually a bank can choose its own ... agency.

  2. A ... bank is chartered by the government and a ... bank is chartered by the state.

IV. Fill in the blanks with the most appropriate words from the list:

commercial banks, banking system, business, deposits, activities, financial services, universal banks, securities.

While many financial trends are global, there are nonetheless substantial cross­country differences in financial institutions. The most obvious of these concern banks. The US ... differs from many countries both in the range of services supplied by ... and in the sheer number of them - roughly 12,000 at last count. This compares with 10 in Canada, of which 4 or 5 have almost all of the or about a hundred in the UK, where 6-8 banks control about 80 percent of the market. We could make similar statements about France, Germany, and Japan: they have nowhere near as many banks as the US. These banks differ, as well, in their range of .... US banks have traditionally accepted ... from customers (individuals and businesses) and used the proceeds to finance loans to businesses and individuals and investments in corporate and government .... This is often allied with related businesses like credit cards, foreign currency transactions, and so on. But until recently the reach of commercial banks did not extend to investment banking activities. In many countries, however, banks provide a more complete range of.... In Germany, for example, ... provide investment banking and insurance services.

V. Fill in the blanks with prepositions: between, on, of, by, in:

... the United States a distinction exists ... commercial banks and so-called thrift institutions, which include savings and loan associations (S&Ls), credit unions, and savings banks. Like commercial banks, thrift institutions accept deposits and fund loans, but unlike commercial banks, thrifts have traditionally focused ... residential mortgage lending rather than commercial lending. The growth ... a separate thrift industry ... the United States was largely fostered ... regulations unique to that country; these banks therefore lack a counterpart elsewhere ... the world. Moreover, their influence has waned: the pervasive deregulation ... American commercial banks, which originated ... the wake ... S&L failures during the late 1980s, weakened the competitiveness ... such banks and left the future ... the US thrift industry ... doubt.

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