A. true B. false
(10) Risk weight of treasure bill is 100%.
A. true B. false
(11) Fees revenue constitutes the main part of revenue of the bank.
A. true B. false
(12) The operating target of commercial banks is profit.
A. true B. false
(13) The 'five P' model dissects the information and focuses on profit.
A. true B. false
(14) Ratio analysis concentrates on the future rather than on the past.
A. true B. false
(15) Credit portfolio management entails that all credits judged to be uncollectable. A. true B. false
当前位置：首页. \\阅读. \\Part 6. \\Exercise. \\3. Cloze 3. Cloze
Directions: Read the following paragraphs and then put the suitable words or phrases into the blanks.
fixed asset investment short-term loans medium
working capital maturity
long-term loans 1 2 3 4
5 6
By________, loans can be divided into two broad categories. Those with maturity of one year or less are called__________ while those with maturity exceeding one year are called__________ or______________. Short-term loans are often used to satisfy_____________________ needs whereas long-term loans are often used to finance________________. Loans can also be categorized according to the nature of contractual arrangement as well as intended use.
A properly structured loan includes___________ ----a \way out\in case the primary__________ source fails. Protection can be______________ where the lender looks exclusively to the buyer, and ___________where a third party adds its credit responsibility to the borrower. Internal protection relies on____________, liquid (account receivable and inventory quality and composition), and fixed asset values. Internal protection can be either specific__________ or future ____________________if the primary source of repayment is asset conversion. External protection most commonly takes the form of guarantees, endorsement, or repurchase agreements,_______________ , etc. However, loan based solely on the credit responsibility of the________________ is normally a high-risk loan at the outset, because there is only one _______________ of repayment.
protection internal repayment capitalization external collateral source guarantor
hypothecated collateral cash flow 1 2 3 4 5 6 7
8 9 10
Ratio analysis is used to____________ certain factors, which may affect a company's ability to _________debt or otherwise satisfy its creditors. It provides the analyst with the tools to measure the quality and worth of_________, as well as the extent and nature of__________. Ratios help measure the ability of a firm's______________: Does the company earn a fair return? Can it withstand downturns? Does it have financial flexibility as measured by its ability to attract additional credit or investors?
repay compare liabilities management assets 1 2 3 4 5
有错！正确答案是:
1.maturity; 2.short-term loans; 3.medium 4.long-term loans; 5.working capital; 6.fixed-asset investment.
有错！正确答案是:
1.protection; 2.repayment; 3.internal; 4.external; 5.capitalization; 6.collateral; 7.cash flow; 8. hypothecated collateral; 9.guarantor; 10.source.
有错！正确答案是:
1.compare; 2.repay; 3.assets; 4.liabilities; 5.management.
当前位置：首页. \\阅读. \\Part 6. \\Exercise. \\4. Translation 4. Translation
Directions: Translate the following paragraphs into Chinese.
(1) Overdraft is an agreed line of credit operating directly through the current account. (2) Export Credit is government (government export credit agencies) guarantee lending channeled through a commercial bank to support export.
(3) Forfaiting provides a source of non-recourse finance through use of drafts, promissory notes or other instruments representing sums due to the exporter.
(4) Consumer Credits are high risk and high interest credit products, which are usually classified into three sorts: amortization loan, credit card and non-installment 1oan for purchasing cars or non-structure houses or investing a little amount and so on.
(5) A syndicated loan is a large credit, generally more than USDl0 million, negotiated between a borrower and a single bank, but actually funded by several other banks. (6) Derivatively syndicated loans take two forms - loan sale and asset securitization. (7) All assets of commercial banks are classified into various risk assets by risk class of assets, and each c1ass of assets is assigned a risk weight.
(8) The central bank requires commercial banks to keep adequate legal reserves and excess reserves.
(9) In the management of their portfolio, commercial banks emphasize the importance of asset and earning diversification, the immediate recognition as losses of all credits judged to be uncollectable, and the maintenance of appropriate credit loss allowance.
(10) The operating target of commercial banks is profit. The revenue of credit constitutes the main part of revenue of the banks.
(11) Under the risk-based capital guideline, qualifying total capital consists of two types of capital components-Tier 1 and Tier 2. Tier 1 capital includes common stockholders' equity, qualifying perpetual preferred stock (subject to limitations) and minority interest in consolidated subsidiaries less goodwill and certain other deduction. Tier 2 capital includes preferred -stock not to be included in Tier 1 capital and subject to limitations, the allowance for credit losses, qualifying senior and subordinated debt, and limited-life preferred stock less certain deductions.
(12) Ratio analysis concentrates on the past rather than on the future. A company's future performance may or may not be an extrapolation of past trends. However, we can learn from past performance about deteriorating trends, volatility, and often about management's control over these factors.
(13) The IRR is an important test for assessing the quality of a project in financial and economic terms and is widely used by decision makers to determine whether a project is financially and economically viable. Whi1e the financial IRR measures whether a project is likely to be profitable enough to cover the average cost of capital of lenders and sponsors, the economic IRR indicates whether the project is efficiently using the country's resource, i. e. whether its economic IRR is higher than the opportunity cost of capital.
译文：透支是指直接通过活期账户进行的约定的信用额度。
译文：出口信贷是政府（或者是政府的出口信贷代理机构）为了支持本国出口而保证通过某一商业银行提供贷款。
译文：福费廷通过汇票、本票或其他信用工具对出口商提供无追索权的贷款。
译文：消费信贷是一种高风险、高利率的信贷产品。消费信贷通常分为三种：分期偿还贷款、信用证和一次性偿还信贷。借款人向银行申请贷款，用于购买汽车或活动房屋或进行小额投资等。
译文：一笔银团贷款通常都是1000万美元以上的大额贷款，谈判一般在借款人和某一
家银行之间进行，但实际供款则由几家银行共同承担。
译文：派生辛迪加贷款有两种形式：出售贷款和资产证券化。 译文：商业银行的全部资产都根据风险级别分成了不同类别的风险资产，每一类资产都赋予风险权重。
译文：中央银行要求商业银行保留充足的法定准备金和超额储备。
译文：商业银行在管理自己的投资组合时强调：资产和收益应多样化，所有被判定为无法收回的贷款应立即得到确认，同时应保持合适的信贷损失准备。
译文：商业银行的经营目标是利润，贷款收入是银行收入的主要组成部分。
译文：根据风险资本指南的有关规定，限制性资本总额由两类资本组成--1类和2类。1类资本包括普通股股东权益、限制性永久优先股（受一定的限制）和合并子公司的少数股本，然后减去商誉和其他应该扣减的项目。2类资本包括1类资本范围以外并且受到一定限制的优先股、信贷损失备抵、限制性优先债务和次级债务、定期优先股，然后减去某些应该扣减的项目。 译文：比率分析的重点放在过去而不是未来。根据过去趋势进行的推断或许能够说明一个公司未来的业绩，或许不能够说明一个公司的未来业绩。但是，我们可以从过去的业绩了解恶化的经济趋势、变动情况以及管理层对这些因素的控制情况。 译文：内部收益率是从财务和经济角度衡量一个项目质量的重要指标，它被决策者广泛使用，用以从财务角度和经济角度确定一个项目是否具有可行性。财务内部收益率可以衡量一个项目的盈利是否可以弥补贷款人和项目主办人的平均资本成本，而经济内部收益率则