Exercises. 1. Read the following: • the next day in the past other banks • the Channel Islands the Isle of Man the United Kingdom the corporate

1. Read the following:

• the next day in the past other banks

• the Channel Islands the Isle of Man the United Kingdom the corporate sector

• They are engaged in mergers.

They are engaged in take-overs.

They are engaged in acquisitions.

They are mostly engaged in discounting bills.

• Here is the short summary of the lecture.

There are ninety-two building societies in the UK.

These are wholesale banks.

2. Find answers in the text and read these sentences:

To what topic was the lecture devoted?

How many retail banks are there in Britain?

How many discount houses are there?

How many merchant banks are there?

How many other British banks are there?

What foreign banks are located in the UK?

How many building societies are there in Britain?

2. Translate into Russian:

• banking	• merchant banks
banking sector	overseas banks
retail banks	building societies
discount houses	clearing system
to discount bills	acquisition
private customer	consulting services
corporate customer	branch
corporate sector	subsidiary
merger	mortgage
take-over	mortgage loan

4. Match terms and definitions:

retail banks	banks extending mortgage loans, taking in deposits and providing other banking services
discount houses	banks serving private customers
merchant banks	banks serving private and corporate customers with big money
building societies	banks discounting bills of exchange

5. Complete as in the text:

There are a few types of foreign banks based in Britain. They are American, Japanese and other overseas banks.

American banks...

Japanese banks...

Overseas banks...

6. Insert articles:

... next day... session was devoted to... United Kingdom Banking Sector. Here is... short summary of... lecture.

... UK Banking Sector comprises retail banks, discount houses, merchant banks, foreign banks, building societies and other banks.

7. Insert prepositions:

Retail banks render numerous services... private customers and have extensive branch networks... the UK. They participate directly... the UK clearing system.

Merchant banks are wholesale banks. They handle big money... private and corporate customers. They are engaged... mergers, take­overs and acquisitions.

8. Complete the sentences:

Discount houses are mostly engaged in discounting...

American banks comprise the branches...

Japanese banks comprise...

In the past British building societies mostly extended mortgage... but nowadays they also... as banks.

9. Underline the verbs and translate the sentences into Russian:

Other British banks comprise all other banking institutions regis­tered in the UK and banks in a few islands. They are controlled by UK companies or individuals. Overseas banks are foreign banks ex­cluding (исключая) American and Japanese banks. They comprise the branches and subsidiaries of those banks and Consortium banks too. All these banks are owned by other financial institutions. One of the owners of every bank must be based overseas.

10. Role play:

Imagine you are the lecturer. Speak on the types of banks in Great Britain.

11. Agree or disagree:

Types of banks in Russia are similar to those in Great Britain.

Дата добавления: 2015-07-08