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6. Розділіть слова на антонімічні пари:

To prohibit; to give; to give the possibility; special; to get; spending; to withdraw; ordinary; to leave; keeping; danger; to put into account; to take; security.

7. Напишіть логічні завершення поданих речень:

  1. If you want to save your money for a long period of time, you can …………..

  2. If you have a credit card, you can go shopping ………….

  3. Checking account is also called ……………

  4. You receive a passbook or savings book when …………….

  5. Having time deposit, you will lose your interest rate if …………….

  6. Savings account earns interest to its holder because it …………….

  7. Every month a checking account holder receives ………………..

  1. Перекладіть речення:

  1. Щоб забезпечити зручність у використанні грошей, люди в усьому світі користуються різними банківськими рахунками.

  2. Не бери з собою готівку, у мене є банківська картка, якою можна розплатитися в магазині.

  3. Вчора я хотів оплатити покупку кредитною карткою, але виникли проблеми, і я звернувся до найближчого відділення банку.

  4. Безстроковим вкладом називають рахунок, з якого можна зняти гроші в будь-який час.

  5. Наступного тижня ми плануємо відкрити депозитний рахунок, оскільки ми хочемо заощадити гроші.

  6. Касир нашого банку зараз готує щомісячний звіт по вашому рахунку.

The banking system of ukraine

The banking system of Ukraine dates to March 1991, when the Ukrainian Parliament passed the law ‘On Banks and Banking Activities’, determining this system as two-level, composed of the National Bank and commercial banks.

The National Bank of Ukraine is the central financial body of the state conducting a uniform national monetary, credit and currency policy, aiming to strengthen the national currency; organizing inter-bank settlements; and coordinating and supervising the whole banking system.

Commercial banks varying in type and ownership are set up by legal entities and private persons as joint-stock companies. The Savings Bank is state-owned, other banks are limited liability partnerships, closed joint-stock companies, and open joint-stock companies. Their main functions include granting loans to businesses and individuals (backed by something valuable, like assets of enterprises, institutions, and organizations), cash transfers and payment services, currency exchange, and other banking transactions. The banking sector of Ukraine has a ramified system of correspondent accounts in foreign banks. Simultaneously, non-resident banks operate correspondent accounts in Ukraine’s banks. This supports the settlement of import-export operations.

Transition to international accounting and reporting standards beginning January 1,1998 was an important event for the Ukrainian banking system. It has adapted Ukrainian banking system to the international standards and reporting formats; the development and implementation of software has also been completed.

Privatbank and Bank Aval are the leading commercial banks in Ukraine. Of the overall number of commercial banks, some are banks with foreign participation, including wholly foreign-owned banks. There was founded the Ukrainian Inter-bank Currency Exchange which trades efficiently Ukrainian and foreign currencies and prevents significant fluctuations in the international value of the hryvnia.

To secure the banks’ stability the National Bank of Ukraine resolved to increase the minimum amount of a commercial bank’s own funds, and an authorized stock was set for the registration of newly established banks.

Ukraine’s banking strategy is to promote and stimulate commercial banks in solving economic and social problems in the country.