About banking

There are many commercial banks in Russia today. Many of them are located in Moscow. They provide different services. For example, they open rouble and currency accounts, buy and sell currency, make loans, issue letters of credit, etc. There are many young people on the staff of the banks. They hope to make their careers in banking.

8. Give the Russian equivalents:

- commercial banks

- to be located in

- to open rouble and currency accounts

- to buy and sell currency

- to make loans

- to issue letters of credit

- on the staff

- to make careers in banking

9. Put the questions to the sentences:

1) Many of banks are located in Moscow.

2) They provide different services.

3) There are many young people on the staff of the banks.

10. Read and translate the text:

Selling electronic equipment

Mr. Sun works for the big company. They produce different types of electronic equipment, such as telephones, computers, fax machines, copiers, etc.

Their head-office is located in Tokyo. They rent a modern building in the suburbs of the capital. The company has plants and offices in 13 countries, where more than 125.000 employees work.

There are four departments in the head-office. They are marketing, production, sales and personnel departments.

The company managers are experienced and competent specialists. They run the company successfully.

The board of directors takes the most important decisions on the company’s strategy and distribution of dividends. The sales of the company are high.

11. Put 10 questions to the text.

12. Disagree with the statements, using “You are wrong”, “You are not right”, “I am not sure”, “I cannot agree with you”:

1) Mr. Sun works in a bank.

2) They produce fabrics.

3) Their head-office is located in Perm.

4) Mr. Sun’s company is rather small. It has no plants and offices in other countries.

5) There are 2 departments in the head-office.

6) The company managers are inexperienced persons.

7) The sales of the company are low.

8) They are not a profit-making company.

13. Read, translate and retell the text: Smirnov’s day

Smirnov is the President of foreign trade firm.

In the morning he gets up at about 6.30. His wife and children get up later. He goes to the bathroom to take a bath. Then he has breakfast. For breakfast he has some eggs, coffee and sandwiches. He leaves for work at eight o’clock. His office hours begin at 9 o’clock but he usually comes earlier to get ready for work.

In the morning the secretary brings him letters and cables. He reads the mail and sends answers to foreign firms. He often receives foreign businessmen at his office. They usually come to discuss prices, terms of payment, shipment and delivery and other business points. Sometimes he goes abroad on business to have talks with foreign customers. Smirnov can speak two foreign languages.

At 12.30 Smirnov has lunch. He finishes work at 6 o’clock in the evening, but if there is some urgent business he stays at the office later.

Smirnov has usually dinner at home.

After dinner he reads newspapers and magazines, listens to the radio or watches television and helps his wife about the house. He goes to bed at 11.00.