大二第二学期课件金融英语unit3scripts

1、Unit 3Lending BusinessWarm-up1. Match the Chiterms in Column A with their English equivalents inColumn B.Answers for Reference1auto loan汽车2个人房屋al housing loan3次级按揭subprime mortgage loan4信贷风险 credit risk5commerl loan商业6财务状况 finanl standing7按揭抵押的mortgaged property8利率风险erest rate risk9分期付款 pay by insta

2、lments10付款 pay in a lump sum2. Discuss in pairs and answer the following questions.Answers for Reference1. Do you know the types ofal loans offered by Canadian ImperialBof Commerce (CIBC)?al housing loan 个人住房al second-hand housing loan 个人二手房屋，个人再交易住房al commerl space purchase loan 个人商业用房 Individual h

3、ousing loans at fixederest rate 固定利率个人住房al housing mixed loan 个人住房组合 Individual housing provident fund loan 公积金个人房屋al mortgage loan 个人住房抵押al purchase loan 个人消费al operation loan 个人经营al auto loan 个人汽车al housing improving loan 个人房屋维修al consumer durables loan 个人耐用品消费Commerl educational loan 商业助学ernment-

4、subsidized educational loan助学al loan backed by pledged rights 个人质押2. What do you think should be prepared for a loan proal before yougo to apply forrsonal housing loan to CCB?valid identify明,e.g., ID card, Hukou有效户口,of permanent residence居民证 or passport 护照Employment工作证Property right/titlee sement 收入

5、证明3. What should be considered if you were handling a loan proal as amanager of the Credit Department?People 借款人 (the identification of potential borrower, informationabout the, their family, theire, their finanl standing, etc.、个人信息、家庭状况、收入、资信等)申请借款人的Pure 借款的用途 (the pure of the borrowing and how to

6、use themoney borrowed 借款的目的以及如何使用借款)Payment 还款计划 (how to effect repayment: by instalments or in alump sum 如何还款：分期付款还是一次付清) Repayment schedule 还款计划 Amount of the loan granted的金额 Term of the loan的期限Protection 还款保障 (what to be used as collateral or security for theloan and who to be the guarantee 什么做的抵

7、押品以及谁是担保人)还款风险(the assessment of risk of credit in客观地评估信用风险)Short DialoguesTask 1 Multiple ChoiceListen carefully and choose the best answer to the question after eachdialog.Scripts & AnswersDialog 1 M:Hi, Xiaohong. There is news about bruptcies of someU.S. bs.It seems the bs are subject to some ris

8、ks in theiroperation.W: Yes. Exsiveerest rate risk cane a significant threat to abs earnings and capital base.M: Do you know the exact meaning of theerest rate risk?W: It is difficult to explain it in a few words. Let me see, eh Generallyspeaking,erest rate risk is the risk arising from the change i

9、n value ofanerest-bearing asset, such as a loan or a bond, due to fluctuation inerest rates. As rates rise, the price of a fixed rate bond will fall. As ratesfall, the price of the bond will rise.M: So the task of control over theerest rate risk would be critical tobs, because the change inerest rat

10、es will affectthe value of abserest-bearing assets.W: Right, but sometimes it isthe control of one b.Question: What is usually consideredthe cause oferest rate riskaccording to the woman? (D)译文 男： 嗨，。有些关于的。的经营似乎容易受到某些风险的影响。女： 是。过度的利率风险会到的收益和资本基础。男： 你知道利率风险的准确含义吗？女： 几句话很难说清楚。让想，嗯。一般来说，利率风险产生于附息资产，如或债

11、券的价格变化，其价格因利率的上下浮动而变化。当利率上升时，固定利率债券的价格就下跌。当利率下跌时，这些债券的价格就上涨。男： 所以对于来说，控制利率风险的任务是的，因为利率的变化会影响到的附息资产的价值。女： 对。但有时不是一家可以控制局面的。Dialog 2 M: Professor Wang, would youl me what would happen if abhadinadequaiquidity?W: There will be dire consequen, I think. You knowt liquidity is aprime concern in bing opera

12、tion and a shortage of liquidity has oftenbeen a trigger for bfailures. However, holding assets in a highlyliquid form tends to reduce thee fromt asset.M: It is knownt cash is the most liquid asset.W: Exactly. Cash is liquid but pays noerest. So bs usually try toreduce liquid assets as far assible.

13、Without sufficient liquidity to meetthe demands of their deitors, nevertheless, a bwould experiencethe risk of a brun.Question: Which of the following is the key reasont liquidity is aprime concern in bing operation according to the conversation? (B)译文 男： 王教授，请问假如资产，会怎么样呢？女： 我认为会很严重。你知道资产变现能力是经营重点关注

14、，资产匮乏往往是的。但是，持有性过高的资产可能减少资产的收入。男：众所周知，现金是性最高的资产。女：确实如此。现金的性高但不获利。所以会尽可能地减少资产的持有量。但是，如果没有足够的资产去满足储户的要求，就会储户挤兑的风险。Dialog 3 M: Lin, our teacher told us todayt all the loans made by acommerlbwillbeclassifiedofivecatalogs:normal,observational, inferior, questionable, and losing. Now, I want to knowhow to

15、 determine which catalog one loan goes to. Would youl meabout it?W: Well, it is not an easy job. But it is nesary for the credit riskysis. As far as I know, the credit risk classification is made accordingto the repayment capacity of the borrower. If a loan is classified asinferior, questionable or

16、losing, it is said to be a bad loan. The bwillbe required to prepare bad loan reserve and the bing regulators will dosomething for the loan.M: I seet it is a measure to prevent credit risk.Question: What is impd if a loan is classified as an observational one?(D)译文 男： 林，老师今天告诉说商业的都会分为五类：正常、关注、次级、可疑和

17、损失。现在知道如何确定一笔的类别。你能给我讲讲吗？女： 哦，这不是个简单的事情。但对于信用风险分析是必要的。据我所知，信用风险分类是按照借款人的还款能力确定的。假如一笔贷款被确定为次级、可疑或损失，那么就属于不良。就要预备一笔不良准备金，管理就有事可做了。男： 我知道，这是防范信用风险的措施。Dialog 4 M: Diana, what do you think of the subprime messhe UnitedSes?W: Ive heard of the worddreds of times these days. As far as I know,it is oneof the

18、 huge risks caused by hedge funds, andthes oferesve led a lot of bs and companies, espelly investmentbsotrouble.Theyarealltheconsequenoffinanlderegulation. Some people commentedt they wouldreverse field intime to prevent another 1929.M: Some economic strategy has attracted a lot of criticism recentl

19、y. Theyhave comeo force in the name of free-market efficiency. Peoplecriticizedt some policies have replaced real productive innovationwithfinanlengineeringandshiftedwealthfromfamistocorporations, and put the entire American economy at ever greater risk.Question: What are they talking about? (B)译文 男

20、：，对于的次贷你怎么看？女： 这些天我已经数百次听到这个词了。据我所知，这是惹的一场大祸。各种利益的导致许多和企业，尤其是投资银行陷入困境。这是撤销金融产生的。有人评论说他们将及时调整方向，以免重复 1929 年的悲剧。男： 最近有些经济受到许多批评。这些政策是以提高市场效率的名义实施的。有人批评说某些政策用金融操控取代了真正富有成效的革新，把从家庭转移到公司，从而使整个经济处于高度风险之中。For Referencehedge fund:基金）意为“风险对冲过（也称避险基金或的基金”，于 50 年代初的。其操作是利用、等金融衍生产品以及对相关联的不同进行实买空卖、风险对冲的操作技巧，在一定程

21、度上规避和化解投资风险。世界上第一个有限合作制的诞生于。20 世纪 80 年代，随着金融化的发展，才有了更广阔的投资机会，从此进入了快速发展的阶段。到 90 年代，由于世界通货膨胀的逐渐减少，同时金融工具日趋成熟和多样化进入了蓬勃发展的阶段。据英国经济学人的统计，从 1990 年到 2000 年，3000 多个新的在和英国出现。2002 年后，的收益率有所下降，但对冲2005 年 10 月 22 日基金的规模依然不小，据英国，截至目前为止，全球总资产额已经达到 1.1 万亿。deregulation n. 撤消engineer vt. 图谋，巧妙地处理Task 2 Short Answer Q

22、uestionsListen carefully and answer the question after each dialog.Scripts & AnswersDialog 1 M: Good news, guys. Ive got my loan proal granted.W: Congratulations. But be suret you can get enough money to repaythe loan when it is due.M: What will happen if I could not repay the loan?W: The bwill sell

23、 your mortgaged house and the payment will beused to repay the loan.M: Oh, it is terrible. Ill of course repay it on time because I have a veryrational repayment plan and a good job.Question: What will happen if a borrower could not repay the loan to thelending b?The bwill sell the mortgaged house a

24、nd the payment will be used torepay the loan.译文男： 好消息，伙计们。申请通过了。女：祝贺你。但你要保证你有足够的钱偿还到期。男：如果还不上会怎么样？女：会抵押的房子卖掉，所得的房款用来归还。男：哦，太可怕了。我肯定会按时还款，因为我有很合理的还款计划和很好的工作。Dialog 2 W: Hey, do you membert the teacher told ust there are 5Ps to be considered while handling a loan proal?M: Yes, they are critical factor

25、s for a manager of the credit department tomake corresessment of the credit risks.W: What are the 5 Ps? People, Pure, Payment, and ?M: And Protection and.W: Right. It is easy to get the meaning of thethree Ps, but the lasttwo Ps are difficult to understand.Question: What are the 5 Ps?People, Pure, P

26、ayment, Protection and.申请后，必须考虑 5 个 P译文 女： 嗨，你记得老师收到么？男： 对。这是信贷部经理进行正确的信贷风险评估时要考虑的关键。5 个 P? 借款人、借款用途、还款计划、还有？女：男： 还有还款保障和还款风险。女： 对了。前 3 个 P 很容易理解，后两个比较费解。Dialog 3 W: Excuse me, would you pleasel me how many types ofal housing loans are offered by your bCCB?M: It is a pleasure. CCB offers many types

27、ofal housing loans,includingal second-hand housing loans,al commerlspace purchase loans, individual housing loans at fixederest rates,alhousing mixed loans, individual housing provident fund loans andal mortgage loans.W: What is an individual housing provident fund loan? I dont understandthe meaning

28、 of “housing provident fund”.M: Its a spel type ofal housing loan designed for those whohave deitedrcentage of theireheir individual housingprovident fund account, and when they need money to buy a house, theycan apply for ia prime rate oferest.Question: How many types ofal housing loans are mention

29、ed inthe conversation and what are they?Six types. They areal second-hand housing loans,alcommerl space purchase loans, individual housing loans at fixederest rates,alhousing mixed loans, individual housing provident fund loans andal mortgage loans.译文 女： 打扰一下，你能告诉我建行提供的个人住房有几种么？男： 很乐意。建行提供多种个人住房，包括个

30、人二手房、个人房屋贷款、个人固定利率房屋、个人房屋混合、个人公积金购房贷款、个人房屋抵押。？我不明白“住房公积金”是什么意女： 什么叫个人住房公积金思。男： 这是一种特殊形式的个人住房。人们首先把收入的一部分存入其个人公积金账户，当他们需要买房时，可以按利率申请这种。Task 3 Listening and SimulatingListen to the dialogs and fillhe bls with what youve heard, andthen simulate the dialogs in pairs.Scripts & AnswersDialog 1 M: Morning,

31、 Madam. Im going to apply for a loan. I dontknow the conditions for a loan and thes to be prepared for theapplication.W: Could youl me your pure of the loan?M: I want to buy a car.W: Oh, well, youd better apply for an auto loan. I think youre satisfiedwith the loan conditions because you have a good

32、 sol sus and makea good salary. You just bring with you thes such as your IDcard, aof employment, aofe and make acredible repayment plan.译文 男： 早上好，。我准备申请。不知道申请要什么条件和应该准备哪些文件？女：你能告诉我你为什么申请吗？男：买车。女：哦，你最好申请汽车。我觉得你符合条件，因为你有很好的社会地位和高薪工作。你只需带上、工作证、收入证明，做一份的还款计划就可以了。Dialog 2 M: Ah, I understandt bs face ma

33、ny types of risk. The U.S.subprime crisis is an exle.W: You are right. The major type of risk is called credit risk.M: I see eye to eye with you on it. Credit risk is the risk of loss due to adebtors non-payment of a loan or other lines of credit. If a bwasinvolvedhe credit risk, it could not get ba

34、ck the loans from somecnts. Some people may nove sound creditworthiness or they arereallyrouble and not able to repay the money.W: So bs musve some measures to prevent the risks.译文男： 嗯，我明白着很多风险。的次贷就是例子。女：你说得对。主要的风险是信用风险。男：我完全同意。信用风险就是因为人偿还或别的信用额度而产生损失的风险。假如遭遇信用风险，他们就无法从某些客户那里收回贷款。可能有些人的信用度不高，或者他们真的有

35、，不能还款。女： 所以必须有防范风险的措施。Useful ExpresI see eye to eye with you on it. 我完全同意。Dialog 3 W: Excuse me, I am toldt your bprovidesalconsumer durables loans for those who are prepared to buy someexpensive domestic fixtures, such as computers, washing machines,fridges, air conditions, and so on.Would you plea

36、sel me the qualification for such a loan?M: It is my pleasure. Ourcnts for theal consumerdurables loans are Chicitizens aged betn 18 and 60 years withfull legalcapability.W: Well, I think Im qualified for the loan, but how to apply for it?M: Frly speaking, it is very simple to apply forrsonal consum

37、erdurables loan. Here is the leaflet on step-by-stepguide of the loanapplication. Please read it and prepare all thes required and fillhe application form.译文 女： 打扰一下，听说为那些打算贵重家电的人提供个人耐用品，比如买计算机、洗衣机、冰箱、空调等，你能告诉我这种的申请资格吗？男： 很乐意。的目标客户是凡年满 18 周岁至 60 周岁，并且具有完全法律行为能力的。女： 哦，我有资格申请。但怎么申请呢？男： 坦率地说，申请个人耐用消费品很

38、简单。这是有关申请步骤的宣传单。请阅读后，按要求准备好需要的文件，并填写这份申请表。III Long ConversationsConversation 1 Apply for an Auto LoanTask 1 Previewing1. Discuss in pairs and answer the following questions.Answers for Reference1. What do you know about auto loans?Commerl bs offeral auto loans in RMB to individualstohelp financingau

39、to purchases. Theerest rate on auto loans will be set according to thebs regulations.2. How much do you think will be granted for aal auto loanproal?If the purchased automobile is for self-use, the line of credit shall notexceed 80% ofthe purchase price. And the term of the loan shall not exceed 5 y

40、ears atum.3. What can be used as security or collateral foral auto loans?The purchased autos or any other property may beusedassecurityorcollateral and third-party guarantees are required.2. Translate the following Englisho Chi.Answers for ReferenceChiEnglisha rate of 6.78% per annum6.78%的年利率by equa

41、l monthly instalments 按月等额分期付款third-party guarantee 第担保collateral 抵押品mortgaged house 抵押的房屋account balance 账户余额freeze an account 冻结账户pledge-backed property 质押的credit record 信用Task 2 Multiple ChoiceListen to the conversation carefully and choose the best answer to each ofthe following questions.Script

42、s & AnswersW:o, Mr. Smith. Please have a seat. What can I do for you today?M: I want to borrow some money to buy a car. A friend of mine, JackRichardson, bought a new car lastk. He told met he got his loanhere.W: Oh, yes. I remember him. I was the loan officer who attended to thebusiness for him.M:

43、He saidt you were very helpful. I know very little about loans andI hope you canroduce them to me.W: No problem. What questions do you have?M:, I want to know if loans for buying cars are commerl loans oral loans.W: Neither, Mr. Smith, theyre auto loans. Commerl loans are theloans extended to busine

44、sses.al loans are made to individuals, butnot for buying cars.M:nk you! Got it. But how muoney can I get for an auto loan?W: Im afraid you shouldl me your use of the car.M: Foral use. Is there any difference?W: Yes. If you use the loan to purchase automobiles foral use, youmay borrow up to80% of the

45、 purchase price.M: Wonderful. What about theerest rate?W: The current rate is 6.78% per annum. It is a floating rate, you know.M: Whats the term of the loan?W: The term of the loan shall not exceed 3 years. How do you plan torepay the loan, by instalments or in a lump sum?M: I want to repay the loan

46、 by monthly instalments, equally, of course.W: OK. How muoney do you need for the loan?M: 80% of the purchase price of the car, er,t is RMB 80,000 yuan.But do you need any guarantee for the loan?W:t is exactly what Im going tol you. To apply foral autoloans, you need to provide guarantee, such as pl

47、edge-backed property,mortgaged autost you purchase, mortgaged houses, or third-partyguarantees.M: Third-party guarantee?W: Absoluy. Besides, well also check your credit record to make suret you always paidback your loanshe past. Excuse me, do you have any current accountwith our b?M: Yes, we have a

48、RMB current account as well as a USD time deitwith your b.W: What is the average balance of your current account?M: About a 4-digit number. Oh, yes, I want to use my USD time deitas the collateral. The account balance is $20,000 and the term is 5 years.The money is saved for my daughter. Ill send he

49、r to study abroad. Is it allright?W:ts very good. I think there will be no problem. But I have tolyout the account would be frozen during the period of the loan. Isthere any problem?M: No problem.W:. Now what you need tos to fill out this application formand prepare yours.M:nk you very much. Ill sta

50、rt right now.Questions 1 to 5 are based on the conversation you have just heard.(A) 1. What are they talking about?(C) 2. What kind of loan will the customer get from the b?(A) 3. What is the current rate oferest on auto loans?(B) 4. What will be used as collateral by the customer?(A) 5. What should

51、 the customer doif he apps for the loan?Task 3 Short Answer QuestionsListen to the conversation again and answer the following questions.Answer for Reference1. For what pure does the man apply for a loan?He wants to buy a car.2. What is the credit line on auto loans foral usage?Up to 80% of the purc

52、hase price.3. How much does the man want to borrow from the b?RMB 80,000 yuan.4. What will happen to his deit account when it is used as collateralfor the loan?The account would be frozen during the period of the loan.译文 女： 你好！先生。请坐。今天要办什么业务？男： 我要买辆车。朋友上周买了新车。他告诉我是在你这里办的。女： 哦，是的。我记得他。我就是负责处理这笔的。男： 他

53、说你给予了很大的帮助。关于我知道得很少。希望你能够给我介绍一下。女：没问题。你有些什么问题？男：首先，知道买车的属于商业还是个人？女：都不是，先生，是汽车。商业指为企业提供的。个人贷款是对针对个人的，但不是用来买车的。男：！我懂了。我能借作为汽车呢？女：恐怕你要先告诉我买车的用途。男：我个人使用。有区别吗？女：有。如果你因个人使用而汽车，你可以最高借到车款的 80%。男： 太好了。利率是多少呢？女： 目前的年利率是 6.78%。你知道，这是浮动利率。男：期限是多长？女：期限过 3 年。你打算怎么偿还？分期付款还是付清？男：按月分期付款。当然是每月等额。女：行。你需要多少？购车款的 80%，嗯

54、.。那就是 8 万元男：。，需要担保吗？女： 我正要告诉你这个。申请个人汽车时，需要提供担保，比如质押、抵押你的汽车、抵押房屋，或者第担保。男：第担保？女：对。另外，还要审核你的信用，确保你以前一直按时偿还。请问，你在有活期账户吗？男： 有啊。在有一个活期账户，还有一笔定期存款。女： 活期账户的平均余额是多少？男： 大约 4 位数吧。哦，对了。我打算用定期存款做担保。账户余额是 2，期限 5 年。这笔钱是为我女儿存的。我准备送她去外国读万书。行吗？女： 非常好。可以了。但我必须告诉你，在期间，要冻结你的账户。有没有问题？男：没问题。女：好。那您现在需要做的就是填写申请表和准备文件。男：非常感谢

55、。我马上做。Conversation 2al Consumer Durables LoansTask 1 Previewing1. Discuss in pairs and answer the following questions.Answers for Reference1. Do you know anything aboutal consumer durables loans?Chicitizens aged from 18 to 60 with full legal capabilityarequalified for the application for this type o

56、f loan.The credit line is ranged from RMB 3,000 yuan at minimum to RMB50,000 yuan atum.The loan term is 6 months at minimum to 3 years atum.erest rate is set by the PBC, widjustments permitted by the PBC.s required for application: The original copy and photocopies of identification; An application

57、form for theal consumer loan;e sement ied by agencies recognized by the b.2. What can be used as the collateral for the loan?When applying forrsonal consumer durables loan, the applicant mustprovide a guarantor, mortgaged or pledged property, or pledged rights ascollateral.2. Match the technical ter

58、ms in Column A with their Chiequivalentsin Column B.Answers for Reference1al consumer durables loan 个人耐用消费品2 pay off the loan 还清3 pros a loan proal 处理申请4 exs credit 超额信贷5 easy credit 宽松的信贷Task 2 Short Answer QuestionsListen to the conversation carefully and answer the following questions.Scripts & A

59、nswers for ReferenceM: Morning, Ms. Edwards! Would you please have a seat? Is thereanything I can do for you?W:nk you. I would like to apply for a loan to buy some new livingroom furniture.M: Do you have a savings account or a checking account with our b?W: Yeah, I do. Is there anything wrong with m

60、y accounts?M: No, I only want to know your account balance and your credit record.If you have a sound credit record, you can get oural consumerdurables loans backed on your creditworthiness.W: Are there any conditions foral consumer durables loans? Ithink I have a very good credit record and I never