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Indeed, any toxic asset purchase or guarantee programme must be an ineffective, inefficient and inequitable way to rescue inadequately capitalised financial institutions: ineffective, because the government must buy vast amounts of doubtful assets at excessive prices or provide over- generous guarantees, to render insolvent banks solvent; inefficient, because big capital injections or conversion of debt into equity are better ways to recapitalise banks; and inequitable, because big subsidies would go to failed institutions and private buyers of bad assets.

实际上,通过购买或担保问题资产来救助资金不足的金融机构,注定是一种不起作用、效率低下且不公平的手段:不起作用是由于政府必须以过高的价格购买大量可疑资产,或者提供过于慷慨的担保,才能使丧失偿付能力的银行重获偿付能力;效率低下是由于巨额注资或债转股才是对银行资本重组的更好方法;而不公平是由于巨额补贴将落入破产机构和不良资产的私人买家之手。

WE, BANK OF CHINA REPRESENTED BY THE UNDERSIGNED OFFICERS, HEREBY CONFIRM WITH FULL BANK RESPONSIBILITY AND LIABILITY, AND ACKNOWLEDGE THAT THE BANK GUARANTEE ISSUED BY THE BANK OF CHINA WITH A FACE VALUE OF EIGHTEEN MILLION, EIGHT HUNDRED AND SIXTY-FOUR THOUSAND, SEVEN HUNDREDAND SIXTY-ONE (18,864,761) EUROS HAVE BEEN UNILATERALLY AND FIRMLY PLACED BY OUR CLIENT; WEIHAI ZHONGFU XIGANG SHIP Co.,LTD, ACCOUNT NUMBER XXXXXX FOR A PERIOD OF (1) YEAR, VALIDITY OF THE INSTRUMENTS FROM THE DATE OF THE DEED OF ASSIGNMENT UNDER REF.

我们,签名于末尾的官员代表的中国银行,特此证实以充分的银行责任和责任,并且承认银行担保由中国银行有面值的发布了的十八百万,八百和六十四一千,七HUNDREDAND六十一(18,864,761)欧元单方地是和坚定地安置由我们的客户;威海有限公司,帐号(1)年,仪器的有效性的期间从分配协议书的日期的在之下的,倾向于仅专属用途和好处的。

Insurance company and assure company, the deed of security that provides by the bank is called defend case, by assure company, insurance company offers call deed of security or contracted deed of security.

在国外 ,工程担保的担保人一般为银行。保险公司与担保公司,由银行提供的担保书称为保函,由担保公司,保险公司提供的称为担保书或契约担保书。

With the deep-going of financial integration, the development of global bank-insurance is more and more rapid.

随着金融一体化的深入,全球银行保险的发展越来越迅速,我国的银行保险也呈现出快速发展的势头。

This study tries to combine the two characteristics─risk management and rate setting of banks to discuss how capital regulation and deposit insurance rate affect bank's optimal interest margin and default risk.

本研究将把银行的两项特色-风险评估与利率制定作一结合,并且会纳入政府管制,来探讨资本存款比与存款保险将如何影响银行的最适放款利率与违约风险。

The purchase also relieved the bank of both the credit risk and the interest rate risk--that is, of having to worry that people might default, or that interest rates might rise during the life of the loan.

买下抵押贷款消除了银行的信用风险和利率风险,也就是说使银行不必担心客户拖欠贷款,或是还贷期间利率上涨。

Banking regulators globally have encouraged banks to make their pay deferral periods longer, at least a year or more.

全球银行监管者曾鼓励银行延长薪酬的延期兑现时间,至少要在一年或一年以上。

Especially, since 1997, the central bank has adopted series of active monetary policy to control deflation, increase investment and consumption in order to make macro economy prosperous.

特别是自1997年以来,为了抑制通货紧缩、启动投资和消费,使宏观经济运行尽快进入景气状态,中央银行实施了积极的货币政策,如连续八次降低存款准备金率、灵活出台窗口指导政策、扩大再贴现和中央银行再贷款规模等。

Monetary policy target through using its economic data of different periods in the history, the paper further proves that Feds monetary policy target is effective in curbing inflation, avoiding deflation arising from monetary policy, and facilitating the economic growth.

最后,本文分析和论证美联储组织制度、监管体制和两级银行建制对中国人民银行组织制度改革以及中小金融机构管理建制的借鉴意义。

This thesis introduces the defrayal and clearing system of the banks in china and exposes the defect and deficiency of it and put out several reformation ideas through the analysis of the international and oversea system and the contrast with the system in china.

本文在介绍中国银行支付清算体系的基础上,通过对国际间银行支付清算、外国银行支付清算体系的分析,并与中国银行支付清算体系进行比较,从而揭示中国银行支付清算体系存在的缺陷和不足。并提出若干改革设想。

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