Exercise 3. Answer the questions. 1. Is there a difference between banking systems in the USSR and western countries? What is the difference? 2. What bank services are you familiar with? 3

29 декабря 2012 - Администратор

 

Exercise 3. Answer the questions. 1. Is there a difference between banking systems in the USSR and western countries? What is the difference? 2. What bank services are you familiar with? 3. Do the banks in this country have safety deposit boxes? 4. Whom do the banks make loans to in this country? 5. What kind of loan would you prefer, long-term loan or short-term loan? 6. What prime-rates are available in this country? 7. What does the line of credit of the enterprise depend on? 8. What is a credit letter written for? 9. What can one do with credit reference letter?

 

 

Все надо сделать на английском языке

Ответ:

1. Is there a difference between banking systems in the USSR and western countries? What is the difference?

Difference is in the banking system of the country. USSR was komministic, and the rest of countries were capitalistic. In communism the only owner of everything is community, but not conkrete person. So banks in USSR was created to control county's money, but in the western countries banks play a role of a key role in a developed market economy.

 

2.Retail

Business loan Cheque account Credit card Home loan Insurance advisor Mutual fund Personal loan Savings account Wholesale Capital raising (Equity / Debt / Hybrids) Mezzanine finance Project finance Revolving credit Risk management (FX, interest rates, commodities, derivatives) Term loan

3. Inm which coutry?

 

4. Loans can be subcategorized according to whether the debtor is an individual person (consumer) or a business. Common personal loans include mortgage loans, car loans, home equity lines of credit, credit cards, installment loans and payday loans.

Loans to businesses are similar to the above, but also include commercial mortgages and corporate bonds. Underwriting is not based upon credit score but rather credit rating.

 

5. I prefer short-term loan, because I don't like to borrow money.

 

6. In what country???? Write down the text under that exercise

Источник: https://znanija.com/task/21690

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