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 gogolesque2

link 17.03.2006 14:52 
Subject: russ to eng - please help edit
did i understand the russian properly?

translation:
Interest rate risk management is carried out by way of an increase or decrease of the position on credit operations in terms of limits established by the Bank’s directors. Current limits hedge the possible effect, causing a change in the percentage rate, on the Bank’s revenues and on the value of assets and interest rate sensitive liabilities. The Bank’s pricing policies are reviewed and confirmed by the Bank’s directors.

Original:
Управление риском процентных ставок осуществляется путем увеличения или уменьшения позиций по активным операциям в рамках лимитов, установленных Правлением Банка. Данные лимиты ограничивают возможный эффект, оказываемый изменениями процентных ставок, на доходы Банка и на стоимость активов и обязательств, чувствительных к изменениям процентных ставок. Ценовая политика Банка рассматривается и утверждается Правлением Банка.
Банк планирует поддерживать высокую долю чистого процентного дохода и в будущем, компенсируя сокращение процентной маржи повышением объемов кредитования.

thanks!!

 mahavishnu

link 17.03.2006 15:30 
My suggestion for the first paragraph only:
Interest rate risk management is carried out by way of an increase or decrease of the position on credit operations in terms of limits established by the Bank’s directors. Current limits hedge the possible effect, causED BY changeS in the percentage rate, on the Bank’s revenues and on the value of assets and liabilities THAT are sensitive TO THE CHANGES OF PERCENTAGE RATES.

 mahavishnu

link 17.03.2006 15:35 
The Bank's pricing policy is reviewed and approved by the Board of Directors.
REMEMBER! It is only my opinion!

 gogolesque2

link 17.03.2006 15:51 
mahavishnu

even an opinion is good! and you are right about "causED BY changeS"

 mahavishnu

link 17.03.2006 16:01 
Enjoy your weekend.

 Irisha

link 17.03.2006 16:39 
... within limits set/sanctioned/approved by the Management Board. These (not current) limits fix/determine/cap... /ensure that ... interest rate fluctuations... interest rate sensitive assets and liabilities

interest income
interest margin

IMHO

 

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