金融英语chapter three Retail Bank
金融英语 chapter_3
2020/2/10
In 1956, the U.S. Congress passed the Bank Holding Company Act, which broadened the scope of what bank holding companies could do, allowing them to provide various nonbank financial services.
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The operations of individual banks are roughly similar throughout the world. In all countries, banks are financial intermediaries in the business of earning profits. Considering the structure and operation of the banking industry as a whole, however, the business of banking varies from nation to nation. Each country has its own unique banking history, and this fact alone accounts for distinctive features of national banking system.
金融英语相关词汇
金融英语相关词汇导言金融英语是金融领域中经常使用的专业术语和常用词汇的总称。
对于从事金融工作或有意从事金融行业的人来说，了解和掌握金融英语相关词汇是非常重要的。
本文将介绍一些常用的金融英语词汇，帮助读者对金融领域的术语和词汇有更深入的了解。
1. 金融市场词汇•Stocks: 股票，代表一家公司的所有权份额。
在金融市场中，股票是最常见的一种投资工具。
•Bonds: 债券，是政府、公司或机构向投资者发行的一种债务凭证。
债券是一种固定收益类投资工具。
•Commodities: 商品，指可供生产或消费的原材料或产品，例如黄金、石油等。
•Indices: 指数，用于衡量特定市场的整体表现。
常见的指数包括道琼斯指数、纳斯达克指数等。
•Futures: 期货，是一种以标准化合约形式交易的金融产品。
期货合约规定了在未来某个时间按特定价格交割一定数量标的资产。
•Options: 期权，是一种金融衍生品，允许持有者在未来的特定时期以事先约定的价格购买或卖出资产。
•Exchange: 交易所，是买卖金融产品的场所，提供市场交易的基础设施和服务。
2. 金融机构与职位•Bank: 银行，主要提供存款、贷款和支付服务等金融服务。
•Investment Bank: 投资银行，主要为企业和机构提供融资、股票发行、企业并购等金融服务。
•Commercial Bank: 商业银行，主要为个人和企业提供存款、贷款、信用卡等金融服务。
•Retail Bank: 零售银行，主要为个人客户提供各类银行服务。
•Central Bank: 中央银行，担负着制定货币政策、发行货币等职责。
•Fund: 基金，是一种集合投资工具，通过从多个投资者集资，并投资于多种金融产品。
•Broker: 经纪人，作为中介，代表客户进行投资交易或购买金融产品。
•Analyst: 分析师，负责分析金融市场和公司财务状况等信息，为投资决策提供建议。
•Trader: 交易员，负责在金融市场上进行实时交易，以获取利润。
金融专业英语chapter 2-retail bank-bank account
note
• ATM 自动取款机
( Automated teller machines)
• POS 销售终端 （Point of Sale）
Note
• EFTPOS 销售点电子转帐系统 （Electronic Funds Transfer at the Point of Sale） • 消费者能够使用自动提款卡在销售点付款。 消费者也可透过EFTPOS 系统使用 NETS CashBack服务，轻易地在零售商店提领现 金。
Supervisory Bodies
• China Banking Regulatory Commission (CBRC) 中国银行业监督管理委员会-银监会 • China Securities Regulatory Commission (CSRC) 中国证券监督管理委员会-证监会 • China Insurance Regulatory Commission (CIRC) 中国保险监督管理委员会-保监会
Note
• Don’t leave your money in a piggy bank or under your mattress.
• Piggy bank You should take that money out of your piggy bank and make a savings account.
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国有商业银行
The establishment of four specialized banks -- the Industrial and Commercial Bank of China (ICBC) -- the Agricultural Bank of China (ABC) -- the Bank of China (BOC) -- the China Construction Bank (CCB) four state-owned commercial banks vs joint equity commercial banks
金融英语3
To provide information about the offering and generate interest among potential investors To collect information for the issuing firm and its underwriters about the price at which they can market the securities
– In a word, firms issue new securities and receive the proceeds from the sale in the primary market
3-4
Primary Versus Secondary Markets
Secondary market
leading underwriters
Public offering price
(85%)
{
(15%)
} }
3-11
{
leading underwriters
Shelf Registrations
SEC (Securities and Exchange Commission) Rule 415 introduced in 1982
3-7
Investment Banking Arrangements
Public offerings typically are marketed by investment bankers who in this role are called underwriters (承銷商) (承銷商) A preliminary registration statement must be filed with the Securities and Exchange Commission (SEC), describing the issue and the prospects of the company
《金融英语听说》Unit3
《金融英语听说》Unit3Unit 3Lending BusinessWarm-up1. Match the Chinese terms in Column A with their English equivalents in Column B.Answers for Reference1 汽车贷款auto loan2 个人房屋贷款personal housing loan3 次级按揭贷款subprime mortgage loan4 信贷风险credit risk5 商业贷款commercial loan6 财务状况financial standing7 按揭抵押的房产mortgaged property8 利率风险interest rate risk9 分期付款pay by instalments10一次性付款pay in a lump sum2. Discuss in pairs and answer the following questions.Answers for Reference1. Do you know the types of personal loans offered by Canadian Imperial Bank of Commerce (CIBC)?Personal housing loan 个人住房贷款– Personal second-hand housing loan 个人二手房屋贷款，个人再交易住房贷款– Personal commercial space purchase loan 个人商业用房贷款– Individual housing loans at fixed interest rate 固定利率个人住房贷款– Personal housing mixed loan 个人住房组合贷款– Individual housing provident fund loan 公积金个人房屋贷款– Personal mortgage loan 个人住房抵押贷款Personal purchase loan 个人消费贷款Personal operation loan 个人经营贷款Personal auto loan 个人汽车贷款Personal housing improving loan 个人房屋维修贷款Personal consumer durables loan 个人耐用品消费贷款Commercial educational loan 商业助学贷款Government-subsidized educational loan 政府助学贷款Personal loan backed by pledged rights 个人产权质押贷款2. What do you think should be prepared for a loan proposal before you go to apply for a personal housing loan to CCB? valid identify certificate 有效身份证明, e.g., ID card 身份证, Hukou 户口, certificate of permanent residence 永久居民证or passport 护照Employment certificate 工作证Property right/title certificate 房产证Income statement 收入证明3. What should be considered if you were handling a loan proposal as a manager of the Credit Department?People 借款人(the identification of potential borrower, information about the person, their family, their income, their financial standing, etc. 申请借款人的身份、个人信息、家庭状况、收入、资信等)Purpose 借款的用途(the purpose of the borrowing and how to use the money borrowed 借款的目的以及如何使用借款) Payment 还款计划(how to effect repayment: by instalments or in a lump sum 如何还款：分期付款还是一次付清)– Repayment schedule 还款计划– Amount of the loan granted 审批贷款的金额– Term of the loan 贷款的期限Protection 还款保障(what to be used as collateral or securityfor the loan and who to be the guarantee 什么做贷款的抵押品以及谁是担保人)Perspective 还款风险预测(the assessment of risk of credit in perspective 客观地评估信用风险)Short DialoguesTask 1 Multiple ChoiceListen carefully and choose the best answer to the question after each dialog.Scripts & AnswersDialog 1 M: Hi, Xiaohong. There is news about bankruptcies of some U.S. banks. It seems the banks are subject to some risks in their operation.W: Yes. Excessive interest rate ri sk can pose a significant threat to a bank’s earnings and capital base.M: Do you know the exact meaning of the interest rate risk?W: It is difficult to explain it in a few words. Let me see, eh… Generallyspeaking, interest rate risk is the risk arising from the change in value ofan interest-bearing asset, such as a loan or a bond, due to fluctuation ininterest rates. As rates rise, the price of a fixed rate bond will fall. As ratesfall, the price of the bond will rise.M: So the task of control over the interest rate risk would be critical to banks, because the change in interest rates will affect the value of a bank’s interest-bearing assets.W: Right, but sometimes it is beyond the control of one bank.Question: What is usually considered the cause of interest rate risk according to the woman? (D)译文男：嗨，晓红。
金融英语 Unit 3
Background Information
大萧条（The Great Depression）是指1929年至1933年
之间全球性的经济大衰退。大萧条的影响比历史上任何一 次经济衰退都要来得深远。
Background Information
大萧条的普遍影响导致了：
1、提高了政府对经济的政策参与性，即凯恩斯主义； 2、以关税的形式强化了经济的民族主义； 3、激起了作为共产主义替代物的浪漫-极权主义政治运动（如
Text :
3.2 Types of Banks
Banks' activities can be divided into retail banking, dealing directly with individuals and small businesses; business banking, providing services to mid-market business; corporate banking, directed at large business entities; private banking, providing wealth management services to high net worth individuals and families; and investment banking, relating to activities on the financial markets. Most banks are profitmaking, private enterprises. However, some are owned by government, or are non-profit organizations.
《金融英语》习题答案unit1-10
“高职高专商务英语专业规划教材”Unit 1 Financial Market Research练习参考答案I.Read through the text and answer the following questions.1.A financial market is a mechanism that allows people to easily buy andsell (trade) financial securities (such as stocks and bonds), commodities (such as precious metals or agricultural goods), and other fungible items of value at low transaction costs and at prices that reflect the efficient-market hypothesis.2.The raising of capital ;the transfer of risk and international trade3.Capital markets,commodity markets,money markets, derivative markets,insurance markets and foreign exchange markets .4.Financial markets fit in the relationship between lenders andborrowers.5.Individuals, companies, governments, municipalities and publiccorporations.II. Paraphrase the following expressions or abbreviations and translate them into ChineseCheck the answers from the Special Term Lists.III. Fill in the blanks with the proper wordsThe global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems.On the one hand many people are concerned that those responsible for the financial problems are the ones being bailed out, while on the other hand, a global financial meltdown will affect the livelihoods of almost everyone in an increasingly inter-connected world. The problem could have been avoided, if ideologues supporting the current economics models weren’t so vocal, influential and inconsiderate of others’ viewpoints and concerns.IV.Translation.1.金融市场包括很多方面，包括资本市场，华尔街，甚至是市场本身。
金融专业英语 Unit 3 Commercial Bank
3.1 What is a Commercial Bank?
The establishment of a commercial bank shall meet the following requirements: (1) Articles of association conforming to the provisions of the Commercial Bank Law and the Company Law of the People’s Republic of China; (2) The minimum amount of registered capital in conformity with the provisions of the Commercial Bank Law; (3) Directors and senior managers with professional knowledge and working experience; (4) Having a sound organizational structure and management system; (5) Having business premises, safety measures and other facilities related to business that meet the requirements.
3.1 What is a Commercial Bank?
A commercial bank is a money-operated enterprise mainly engaged in industrial and commercial deposits and loans for the purpose of obtaining profits. Like other enterprises, it aims at making profits. However, commercial
金融行业英语词汇大全
金融行业英语词汇大全一、债券和股票- Bond（债券）- Stock（股票）- Share（股份）- Dividend（股息）- Equity（股权）- Coupon（利息券）- Par Value（面值）- Yield（收益率）- Maturity（到期日）- Initial Public Offering (IPO)（首次公开募股）二、投资和交易- Investment（投资）- Portfolio（投资组合）- Asset（资产）- Liability（负债）- Hedge Fund（对冲基金）- Mutual Fund（共同基金）- Stock Exchange（证券交易所）- Bull Market（牛市）- Bear Market（熊市）- Option（期权）三、银行和金融机构- Bank（银行）- Investment Bank（投资银行）- Central Bank（中央银行）- Retail Bank（零售银行）- Mortgage（抵押贷款）- Loan（贷款）- Interest Rate（利率）- ATM（自动取款机）- Credit Card（信用卡）四、风险管理和保险- Risk Management（风险管理）- Insurance（保险）- Underwriter（承销商）- Premium（保费）- Claim（索赔）- Policyholder（保单持有人）- Insurer（保险公司）- Reinsurance（再保险）- Actuary（精算师）- Catastrophe（灾难）五、国际金融- International Trade（国际贸易）- Foreign Exchange (Forex)（外汇）- Exchange Rate（汇率）- Tariff（关税）- Balance of Trade（贸易余额）- World Bank（世界银行）- International Monetary Fund (IMF)（国际货币基金组织）- Free Trade Agreement（自由贸易协议）- World Trade Organization (WTO)（世界贸易组织）- Globalization（全球化）以上是金融行业英语词汇大全的部分内容，希望对您有所帮助。
金融英语视听说_第三章听力原文及答案解析
译文 男： 黛安娜， 对于美国的次 贷危机你怎 么 看？ 女： 这些天我已 经数百次听到 这个 词了。据我所知， 这是 对冲基金惹的一 场大 祸。 各 种利益的冲突 导致许多 银行和企 业，尤其是投 资银 行陷入困境。 这 是撤 销 金融管制 产生的后果。有人 评论说 他们 将及 时调 整方向，以免重 复1929 年 的悲 剧。 男： 最近有些 经济战 略受到 许多批 评。这 些政策是以提高自由市 场效率的名 义 实 施的。有人批 评说 某些政策用金融操控手段取代了真正富有成效的革新，把 财 富从家庭 转移 到公司，从而使整个美国经济处于高度风险之中。
ቤተ መጻሕፍቲ ባይዱ
W: Yes. Excessive interest rate risk can posea significant threat to a bank
’ｓ
earnings and capital base.
M: Do you know the exact meaning of the interest rate risk?
loan when it is due.
M: What will happen if I could not repay the loan?
W: The bank will sell your mortgaged house and the payment will be used to
repay the loan. M: Oh, it is terrible. I
Dialog 2 M: Professor Wang, would you tell me what would happen if a bank had inadequate liquidity? W: There will be dire consequences, I think. You know that liquidity is a prime concern in banking operation and a shortage of liquidity has often been a trigger for bank failures. However, holding assets in a highly liquid form tends to reduce the income from that asset.
金融英语听说课件unit3banking
Banking business processing
CATALOGUE
02
客户身份验证
账户类型选择
签署协议
账户开通
01
02
03
04
银行工作人员会核实客户的身份信息，以确保账户的安全性。
客户可以根据自己的需求选择合适的账户类型，如储蓄账户、支票账户等。
客户需签署开户协议，明确账户的用途和相关责任。
银行系统会根据客户提供的资料开设个人或企业银行账户。
客户向银行提供取款凭证，如银行卡、存折等。
取款凭证
银行工作人员会核实取款金额，并确保账户余额足够。
取款金额确认
客户可以选择柜台取款或ATM机取款。
取款方式选择
银行会记录每笔取款的日期、金额和账户信息，便于客户查询。
取款记录
Banking Business Exchange
Mobile banking services have brought great convenience to customers, and have become an important trend in the development of electronic banking business.
Customers can access online banking through personal computers, mobile phones, or other devices with internet access to conduct financial transactions, query account information, and other services.
金融市场与金融机构基础(英文版)第3章
Depository Institutions: Activities and Characteristics
Asset/Liability Problem
Spread Income Types of Risk Credit Risk Regulatory Risk Interest Rate Risk
If actual reserves exceed required reserves , the difference is
referred to as excess reserves.
Bank temporarily short of their required reserves can borrow
2
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
The asset/liability problem that depository institutions
The asset/liability problem that depository institutions
Depository Institutions
Commercial Banks Savings and Loan Associations
Savings Banks
Credit Unions
7
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
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Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
金融英语第三章答案
Chapter 3Money MarketExercisesI．Answer the following questions in English．1．How big is the money market?Money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities are traded．The money market is used by participants as a means for borrowing and lending in the short term，from several days to just under a year．Money market securities consist of negotiable certificates of deposit (CDs)，bankers acceptances，U.S．Treasury bills，commercial paper，municipal notes，federal funds and repurchase agreements(repos)．The money market is a subsection of the fixed income market too．2．What are the terms of most T—bills?T-bills are short—term securities that mature in one year or less from their issue date．T—bills are issued with 3 month，6 month，and 1 year maturities．3．Why would a company issue commercial paper?Because For many corporations，borrowing short-term money from banks is often a labored and annoying task．Their desire to avoid banks as much as possible has led to the widespread popularity of commercial paper．4．A money market instrument usually used for import／export payments is known as?Foreign exchange revenue and spending5．What does Eurocurrency encompass?Eurodollars are U.S．dollar—denominated deposits at banks outside of the United States．6．What is a major advantage of money market instruments?Money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities are traded．7．What are Eurodollars?Eurodollars are U.S．dollar—denominated deposits at banks outside of the United States．8．Who can issue commercial paper?Commercial paper is an unsecured，short-term loan issued by a corporation，typically for financing accounts receivable and inventories．Furthermore，typically only companies with high credit ratings and credit worthiness issue commercial paper.II．Fill in the each blank with an appropriate word or expression．1．One of the main differences___between______the money market and the stock ma rk et is t h at mo s t mon e y ma rk e t—securities—tra de ina wf u lly h ig hdenominations．2．The money market is better known__as ______a place for large institutions __and________government to manage their short—term cash needs．3．There are several different instruments___in______the money market，offering different returns____on_______different risks．4．CDs are generally issued____by__________commercial banks but they can be bought through brokerages．They bear a specific maturity date(from 3 months to 5 ye a rs)，a sp ec if ie d inte rest rat e，a nd c an be is suedin___an y______denomination，very similar to bonds．5．The biggest reasons that T—bills are so popular is___because__they are one of the few money market instruments_____that____are affordable to the individual investors．6．A bankers’acceptance is a short—term credit investmentcreated__by__a non—financial firm and guaranteed by a bank to make payment．Acceptances are traded ___at________discounts from face value in the secondary market．Ⅲ．Translate the following sentences into English．1．货币市场上的金融工具包括短期的、可交易的、流动的、低风险的债券。
chapter3-retailbank-loan
Note
• State educational loans with fiscal interest discount 财政贴现的国家教育贷款
• Tuition 1.课程讲授; 2. 学费 ➢ tuition assistance 助教 ➢ what is the cost of accommodation and
• 贷款基准利率 benchmark interest rate for loan （金融市场上具有普遍参照作用的利率，其 他利率水平或金融资产价格均可根据这一 基准利率水平来确定）
2019-07-07五年以上贷款年利率-7.05 (%)
Note
• Guarantor 保证人 • Guarantee 被保证人 ➢ A contract under which a third party is
➢momentary
Note
• Automatic renewal 自动延长 • Renewal 合同的续订，延期； ➢He has the Responsible for contract
renewal and management. ➢Must I bring the books for renewal?
Note
• Permanent 1. 永久(性)的, 固定的 2.稳定的； 恒定的 Nothing can assure permanent happiness. 没有什么东西能确保永久的幸福
➢durable、 steady、constant.
Note
• Temporary 1. 临时的, 暂时的, 短时间的 2. 无常的；短暂的 I see difficulties as temporary setbacks. 我把困难看成暂时的不顺。
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2021/3/23
Lead-in questions
1. Which one of the following services or products generally is NOT provided by retail banks?
2021/3/23
பைடு நூலகம்
Traditionally, retail banks have provided these services directly to the customer through branches. Customers can have face-to-face communication with employees of the banks. But it is expensive to set up branches. While many still do this, with development of modern technologies, retail banks now offer their services by telephone and the Internet as well. Some even operate solely via the Internet and do not have facilities to serve customers at physical outlets. They are called online banks. As banks get increasingly big and offer a growing number of financial services to more diversified client groups, it has become more difficult to identify the traditional retail bank—a bank that funds itself through customer deposits and lending—because retail banks now often combine retail and wholesale banking (whose clients are mainly composed of large business firms and institutions).
Key to exercises
Learning objective:
By the end of this chapter and the relevant reading you should be able to:
✓ Describe the main services provided by retail banks.
A. Debit card B. Checks C. Saving account D. Time deposit E. Securities brokerage F. Demand deposit
Key: E
2021/3/23
Lead-in questions
2. Which one of the following statements about retail banks is true?
✓ Describe the main sources from which a retail bank can get funds.
✓ Discuss the main developments in retail banking in the emerging markets.
✓ Explain why the retail banking sector in the U.S. is experiencing a growth in the number of new entrants and hence increased competition.
6. D. The revenues of retail banks are more volatile than those of investment banks.
Key: B
2021/3/23
Background knowledge Introduction to Retail Banking
Retail banking, sometimes termed as personal banking, is often conducted by local branches of large commercial banks. Retail banks offer a wide range of services to individual customers and small businesses, rather than to large companies and other banks. The most commonly offered services include savings accounts, money transfer services, loans and mortgages. Retail banks perform two crucial functions for customers: firstly, they enable customers to find a place to deposit their money securely, access it easily, and conduct transactions; and secondly, they provide access to additional money to fund large purchases, such as buying a car or an apartment. In return for holding customers’ funds, which they can then invest, banks pay customers interest. Similarly, customers must pay banks interests for the funds they receive in the form of loans.
3. A. Retail banks always exist as stand-alone financial institutions.
4. B. Small retail banks are more likely to rely on deposits to fund loans.
5. C. The most important client group for retail banks is corporate client.
金融英语chapter three Retail Bank
Content
Learning objectives
Lead-in questions Background knowledge Glossary, phrases and special terms Notes to the text
2021/3/23