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Bank is a financial institution, which produces various kinds of operations with money. It has the exclusive right to attract monetary funds of legal and physical persons with the purpose of their further placement on its own behalf. Bank performs opening and maintaining bank accounts of legal and natural persons. It acts on the basis of special permission of the competent state organs but has no right to industrial, retail and insurance activities.

Ответьте на вопросы

1) What is bank?

2) What right does it have?

3) What is the difference between legal and natural persons?

4) Is it important for modern business?

Выберите правильный вариант

1. Partners are … in rights and duties.

A. not equal B. equal C. different

2. Advertising should be ….

A. cheap B. expensive C. convincing

3. Banks offer credits… their clients.

A. to    B. for          C. at


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