2. 1 Facoltà di Economia Dipartimento di Scienze Economiche e Commerciali Master di I Livello Banca e Finanza Lingua Inglese Luisanna Fodde a.a. 2007/2008

3. BANKING BRAINSTORMING………… RATE PERCENTAGE INTEREST RATE TO RATETO EVALUATE MONEY MUCH, A LOT OF MONEY CASH BANKNOTES COINS 10-EURO NOTE ATM AUTOMATED TILL MACHINE WITHDRAWWITHDRAWAL WITHDREWWITHDRAWN

4. BANKING LOANS LENDING MONEY BORROWING MONEY GROWTHGROWGO UP INCREASERISE UPWARD TRENDS DOWNWARD TRENDS FALL DROP GO DOWN

5. BANKING Banking functions Borrowing money Lendingmoney Bank accounts LoansWithdrawalsOverdrafts Interest rates Cheques (checks) Bank transfers (credit transfers)

6. 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

7. 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”

8. 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?

9. BANKING Reading comprehension Questions on technical language. Para. 2 a. “microcredit loans are not backed…”???. “Financial recovery” means: A-Return of creditB- financial recuperation C- financial loans

10. 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?

11. 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?

12. 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”?

13. BANKING Reading comprehension Comprehension on technical language. Para. 5 1. What is an “international benchmark”? a.A piece of furnitureb. a measure of evaluation c. a kind of brandnamed. an interest rate 2. What is the meaning of the noun “assessments”? a. Appraisalsb. judgementsc. opinions

14. BANKING Reading comprehension Comprehension on technical language. Para. 6 a.The potentials for microfinancing remain “untapped”, i.e. they remain: a. Unutilizedb. closedc. opend. great b. What is in your own words Mr. De Lesseps final remarks about the role of microfinancing?

15. BANKING – Glossary 1  *

16. BANKING – Glossary 2 

17. BANKING 

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