制卧价贸易上考 金融英语阅读 4 It hands out no grants for broad goals such as the alleviation of poverty.Almost all its investments,made alongside private banks and companies, are in for-profit ventures.5 It is in decent shape,with a profit of e298m($370m)last year.This marks a good recovery from 1998,when the Russian crisis cost the bank more than E500m,drove it to a loss of e261m and wiped out its reserves.Stricter cost-control,better risk-management-cutting non-performing loans from 12%of the total in 1999 to 4%-and sounder investments have helped repair the damage.Reserves are now e1.8 billion;at E2 billion,the bank could in theory pay a dividend,although it would probably plough money back into the business instead. A. When,therefore,should the EBRD declare its job in a country done,and withdraw? B A shift in region will require a shift in strategy too. Most bankers seem to think that the EBRD has a role to play farther east D The bank,founded in 1991 to help free markets take root in the ex-communist countries of central and eastern Europe,now counts eight members of the European Union among its clients; E. Because of its private-sector focus,the EBRD is not a traditional development bank. F And it is expected to make money itself. G. The political upheavals in Georgia and Ukraine,by this standard,are encouraging Translation Translate the English into Chinese. One of IFC's fastest growing client countries,China is the Corporation's ninth largest country portfolio.Since 1985,IFC has invested 54 projects in China.For these projects IFC has provided US$1.27 billion.IFC operations in China are focused on:1. Catalyzing investments through limited recourse financing.2.Encouraging the development of China's local private sector,including small and medium sized enterprises.3.Investing in the financial sector to develop competitive institutions that will meet international corporate governance and operating standards.4.Promoting private investment in the infrastructure,social services and environmental industries. IFC seeks opportunities to finance local private companies which have had limited institutional support.In addition,IFC's support to local small and medium sized businesses helps to alleviate the effects of the transformation of the state-owned enterprises.China's effort to liberalize its financial sector will offer new opportunities to IFC to support the development of viable private financial institutions,especially in the banking and insurance sector. Translate the Chinese into English. 第2页共3页金融英语阅读 第 2 页 共 3 页 4_______________It hands out no grants for broad goals such as the alleviation of poverty. Almost all its investments, made alongside private banks and companies, are in for-profit ventures. 5_______________ It is in decent shape, with a profit of €298m ($370m) last year. This marks a good recovery from 1998, when the Russian crisis cost the bank more than €500m, drove it to a loss of €261m and wiped out its reserves. Stricter cost-control, better risk-management—cutting non-performing loans from 12% of the total in 1999 to 4%—and sounder investments have helped repair the damage. Reserves are now €1.8 billion; at €2 billion, the bank could in theory pay a dividend, although it would probably plough money back into the business instead. A. When, therefore, should the EBRD declare its job in a country done, and withdraw? B. A shift in region will require a shift in strategy too. C. Most bankers seem to think that the EBRD has a role to play farther east. D. The bank, founded in 1991 to help free markets take root in the ex-communist countries of central and eastern Europe, now counts eight members of the European Union among its clients; E. Because of its private-sector focus, the EBRD is not a traditional development bank. F. And it is expected to make money itself. G. The political upheavals in Georgia and Ukraine, by this standard, are encouraging. Translation Translate the English into Chinese. One of IFC’s fastest growing client countries, China is the Corporation’s ninth largest country portfolio. Since 1985, IFC has invested 54 projects in China. For these projects IFC has provided US$1.27 billion. IFC operations in China are focused on: 1. Catalyzing investments through limited recourse financing.2.Encouraging the development of China's local private sector, including small and medium sized enterprises.3.Investing in the financial sector to develop competitive institutions that will meet international corporate governance and operating standards.4.Promoting private investment in the infrastructure, social services and environmental industries. IFC seeks opportunities to finance local private companies which have had limited institutional support. In addition, IFC's support to local small and medium sized businesses helps to alleviate the effects of the transformation of the state-owned enterprises. China's effort to liberalize its financial sector will offer new opportunities to IFC to support the development of viable private financial institutions, especially in the banking and insurance sector. Translate the Chinese into English