Today, specialized English is an important tool to help us complete jobs related to many different fields. One of the fields that are being greatly interested by you is banking. Of course, in order to complete highly specialized jobs in this field, we need to supplement ourselves with a solid foundation related to banking English vocabulary. Let’s learn about English for banking with the Vocabulary Hack through this article!
Why should you learn banking English
?Banking is always in the Top of the hottest jobs today. Learning English to improve proficiency, or applying it to communication and text translation to improve oneself, and advance in work is increasing for banking majors.
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In addition, it is indispensable for bank staff to equip themselves with banking English vocabulary and communication skills. Especially when the demand for foreign languages is increasing and specialized vocabulary often appears when doing transactions.
Because of the above reasons, you should cultivate and accumulate for yourself banking English vocabulary as soon as possible. Let’s find out through the detailed list below with Hack Vocabulary Brain.
English bank name
First, you need to understand the English bank names, also known as Bank names. This is the international transaction name of each different bank in Vietnam. The English bank name is used for the purpose of supporting online payments at home and abroad.
The following is a list of English bank names in Vietnam:19
No. Bank name English name 1 Asia Commercial Joint Stock Bank (ACB) Asia Commercial Bank 2 Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) Vietnam Bank for Industry and Trade 3 Joint Stock Commercial Bank for Foreign Trade of Vietnam (VietcomBank) Bank for Foreign Trade of Vietnam 4 Bank for Investment and Development of Vietnam (BIDV) Bank for Investment & Dof Vietnam 5 Technological and Commercial Joint Stock Bank of Vietnam (Techcombank) Vietnam Technological And Commercial Joint Stock Bank 6 Bank for Agriculture and Development of Vietnam Nam (Agribank) Vietnam Bank For Agriculture and Rural Development 7 Vietnam Prosperity Bank (VPBank) Vietnam Prosperity Bank 8 Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) Saigon Thuong Tin Commercial Joint Stock Bank 9 Vietnam International Commercial Joint Stock Bank (VIB) Vietnam International Commercial Joint Stock Bank 10 ANZ Vietnam Bank (ANZ Bank) Australia and New Zealand Banking 11 DongA Bank DongA Bank 12 HSBC Bank (Vietnam) HSBC Bank (Vietnamese) am) Ltd 13 Ocean Commercial Joint Stock Bank 1 member OceanBank 14 Military Commercial Joint Stock Bank (MB Bank) Military Commercial Joint Stock Bank 15 Tien Phong Commercial Joint Stock Bank (TP Bank) Tien Phong Commercial Joint Stock Bank 16 Bank Global Petro Bank (GBBank) 17 Ho Chi Minh City Development Joint Stock Commercial Bank Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) 18 Orient Commercial Joint Stock Bank (OCB) 19 Citibank Vietnam CITIBANK N.A. See more: What is Modify 20 An Binh Commercial Joint Stock Bank An Binh Commercial Joint Stock Bank (ABBank) 21 Mekong Delta Housing Development Bank Mekong Housing Bank (MHB Bank) 22 Southeast Asia Commercial Joint Stock Bank Stock Bank (SeABank) 23 Vietnam Export Import Commercial Joint Stock Bank (Eximbank) Vietnam Export Import Commercial Joint Stock Bank 24 Vietnam Construction Commercial Joint Stock Bank (VNCB) 25 Saigon Commercial Joint Stock Bank Saigon Commercial Bank (SCB) 26 Kien Long Commercial Joint Stock Bank Kien Long Commercial Joint Stock Bank (Kienlongbank) 27 Saigon Commercial Joint Stock Bank for Industry and Trade Saigon Bank For Industry And Trade (Saigon Bank) 28 Baoviet Bank Baoviet Joint Stock Commercial Bank 29 Shinhan Bank SHINHAN Bank 30 Nam A Commercial Joint Stock Bank Nam A Commercial Joint Stock Bank
Banking English vocabulary – positions and titles
Next, we will learn about positions in the bank in English: department, department, head of department, specialist… Here are some basic English vocabulary words for banking professionals. different location.
Bank English Vocabulary
Accounting Controller: Accounting Controller Product Development Specialist: Product Development Specialist Market Development Specialist: Market Development Specialist Big Business Customer Specialist: Large enterprise customer specialist Personal Customer Specialist: Customer care specialist Financial Accounting Specialist: Marketing Staff Specialist: Product Promotion Specialist Valuation Officer: Valuation Officer Information Technology Specialist: Information Technology (IT) Specialist Marketing Officer: Marketing Specialist Cashier: Prime Minister Board of Director fund: Board administrator Board chairman: Chairman of the Board of Directors Director: Director Assistant: Assistant Chief of Executive Operator: Chief executive officer Head: Head of department Team leader: Team leader Staff: Staff
Banking English vocabulary – types of accounts
To become a bank customer, make sure your first step is to open an account. Free English will synthesize and send you English words about banking related to the most commonly used account types at the bank.
Bank Account: Bank AccountPersonal Account: Personal AccountCurrent Account/ Checking Account: Current AccountDeposit Account: Deposit AccountSaving Account: Savings AccountFixed Account: Term Account
Banking English vocabulary – cards
Sometimes when talking about bank cards, you will come across communication sayings: “Credit Card?” ? “Debit Card”… So what is their meaning? The banking vocabulary for the cards below is for you.
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Credit Card: Credit CardDebit Card: Credit CardCharge Card: Payment CardPrepaid Card: Prepaid CardCheck Guarantee Card: Guaranteed CardVisa/Mastercard: Visa, Mastercard
Banking English vocabulary – bank name
When using cards, transact at different banks but you do not know what the names of the banks are in English? I saw the English name of that bank, but I didn’t know if it was my own bank. Here are some English words about bank names, let’s explore!
Commercial Bank: Commercial BankInvestment Bank: Investment BankRetail Bank: Retail BankCentral Bank: Central BankIntebank: online bankingRegional local bank: regional/regional local bankSupermarket bank: supermarket bank
Some banking English terms
Certainly, in English banking will be indispensable for specialized vocabulary. We have also compiled the most commonly encountered banking English terms below, let’s find out.
Credit (n): credit Discount (n): discount Fixed interest: fixed Commercial interest: commercial interest Draw (v): withdraw (money) Payee (n): payee Monetary finance: finance – money currency Cast card: cash withdrawal cardCharge card: payment card (used in goods transaction instead of cash)Cardholder (n): cardholder Administrator (n): administrator Supervision (n): person who controls Revenue (n) : Revenue Treasurer (n): Treasurer Guarantee contract: Guarantee contract Depreciation (n): Depreciation of assets Check (n): Check Debit (n): Debit Loan (n): Loan Voucher (n): n): receipts, documents Authorize (n): authorization Sort code (n): bank branch code International economic aid: international economic aid Embargo: embargoMacro-economic: macroeconomicsMicro-economic: economic microPlanned economy: planned economyMarket economy: market economyRegulation: regulationThe openness of the economy: the opening of the economyRate of economic growth: economic growthAverage annual growth h: average annual growth rateCapital accumulation: capital accumulationIndicator of economic welfare: economic welfare indicatorDistribution of income: income distributionReal national income: real national incomePer capita income: average income per capitaGross National Product (GNP): Gross National ProductGross Dosmetic Product (GDP): Gross Domestic ProductNational Income: National Income (NI)Net National Product: Net National Product (NNP)Supply and demand: supply and demand demandPotential demand: potential demandEffective demand: actual demandPurchasing power: purchasing powerActive/brisk demand: quantity demandedManagerial skills: management skillsEffective longer-run solution: effective long-term solutionsJoint stock company: joint stock companies National firms: national corporationsTransnational corporations: supranational corporationsHolding company: parent companyAffiliated/ Subsidiary company: subsidiaryCo-operative: cooperativeSole agent: sole agentFixed capital: fixed capitalFloating/ Worki ng! Circulating/ liquid capital: working capitalAmortization/ Depreciation: depreciation