1 facoltà di economia dipartimento di scienze economiche e commerciali master di i livello banca e...
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Facoltà di EconomiaFacoltà di EconomiaDipartimento di Scienze Economiche e Dipartimento di Scienze Economiche e
CommercialiCommerciali
Master di I LivelloMaster di I LivelloBanca e FinanzaBanca e Finanza
Lingua IngleseLingua Inglese
Luisanna Fodde
a.a. 2007/2008a.a. 2007/2008
BANKING
BRAINSTORMING…………
RATE PERCENTAGEINTEREST RATETO RATE TO EVALUATEMONEY MUCH, A LOT OF MONEYCASH BANKNOTES COINS10-EURO NOTEATM AUTOMATED TILL MACHINEWITHDRAW WITHDRAWALWITHDREW WITHDRAWN
BANKING
LOANSLENDING MONEYBORROWING MONEYGROWTH GROW GO UPINCREASE RISEUPWARD TRENDSDOWNWARD TRENDSFALL DROP GO DOWN
BANKING Banking functions
Borrowing moneyLending money
Bank accountsBank accountsLoansLoansWithdrawalsWithdrawalsOverdraftsOverdraftsInterest ratesInterest ratesCheques (checks)Cheques (checks)Bank transfers (credit transfers)Bank transfers (credit transfers)
BANKING The banking sector
Types of institutions:
CENTRAL BANKS
COMMERCIAL OR CLEARING BANKS *
INVESTMENT OR CORPORATE BANKS Also called MERCHANT BANKS
MICROCREDIT BANKS (MICROFINANCE INSTITUTIONS)Pp 111-112
BANKING Reading comprehension
A path to helping the poor
Questions on technical language. Para. 1
a. “lend money to poor people..” b. “co-owner” (n., para. 1). Similar words?c. “his firm manages a fund…” Can you rephrase?d. “short-term loans”
BANKING Reading comprehension
Comprehension Questions. Para. 1
a. How can you solve the problem of world poverty, according to Mr de Lesseps?
b. How does Blue Orchard gain money out of this activity?
BANKING Reading comprehension
Questions on technical language. Para. 2
a. “microcredit loans are not backed…”???
. “Financial recovery” means:
A-Return of credit B- financial recuperation C- financial loans
BANKING Reading comprehension
Comprehension Questions. Para. 2
a. What is the argument in favour of microcredit loans?
b. What is Mr de Lesseps estimate on the value of microcredit loans?
BANKING Reading comprehension
Comprehension on technical language. Para. 3
a. “the aims…are not purely philantropic”. Can you explain in your own words?
b. How did Mr. De Lessep’s interest in microfinancing start?
BANKING Reading comprehension
Comprehension on technical language. Para. 4
a. What expression does the author use to describe the transformation of third-world places thanks to microfinancing?
b. What is the meaning of the sentence “they will die to pay you back”?
BANKING Reading comprehension
Comprehension on technical language. Para. 5
1. What is an “international benchmark”?
a. A piece of furniture b. a measure of evaluationc. a kind of brandname d. an interest rate
2. What is the meaning of the noun “assessments”?
a. Appraisals b. judgements c. opinions
BANKING Reading comprehension
Comprehension on technical language. Para. 6
a. The potentials for microfinancing remain “untapped”, i.e. they remain:
a. Unutilized b. closed c. open d. great
b. What is in your own words Mr. De Lesseps final remarks about the role of microfinancing?
BANKING – Glossary 1
*
BANKING – Glossary 2
BANKING
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