综合英语3课件8.ppt.pptVIP

Word study Text analysis 12) Today, banking services have become available 24 hours a day, 365 days a year, through ATMs, at online banking, and in electronically enabled exchanges where everything from stocks to currency futures contracts can be traded. 今天，已经实现了一天24小时，一年365天不间断的银行服务，通过自动提款机，在线银行和电子交易所，从股票到货币期货合同的一切交易都可以进行。 available: (adj.) (of things) that can be used or obtained e.g.: You will be informed when the shoes become available. Translation 13) New business-to-business (B2B) relationships are forcing global banks to consider ways of changing their wholesale banking operations so as to embrace many of these developments. 新型的企业对企业的电子商务关系正迫使全球银行考虑改变其批发银行业务的运作，以迎接许多新的发展。 embrace: (v.) take (a person, etc) into one’s arms as a sign of affection e.g.: They embraced each other warmly. Word study Text analysis Translation 2 Read the text and finish the following comprehensive tasks. (1) How can the term “business of banking” be broadly defined? (2) What are two fundamental functions of banks? (3) List some services banks offer to their customers. (4) Explain the differences between current account and fixed deposit account. (5) What do electronic banking services include? Practice Keys (1) The “business of banking” can be broadly defined as wise management and circulation of all kinds of money in the best interests of every unit of money. (2) Accepting deposits and making loans. (3) Payment services; deposit and lending services; investment, pensions and insurance services; and E-banking. (4) Current accounts pay no or low rates of interest while the fixed deposit accounts receive interest. The fixed deposit account must remain with the bank for a stipulated time. (5) Remote terminal transactions; telephone transactions; and online PC banking. Keys for Comprehensive Tasks (1) Banks can only provide loans and deposits, and payment service. (2)When we talk of “financial intermediation”, we mean banks aim to satisfy c