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roskapankki

English translation: scapegoat bank

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Finnish term or phrase:roskapankki
English translation:scapegoat bank
Entered by: Kirsikka

16:05 Feb 6, 2003
Finnish to English translations [PRO]
Bus/Financial - Finance (general) / banking
Finnish term or phrase: roskapankki
Asset management company specifically set up (in China) for dealing with NPLs (non-performing loans).
Annira Silver (X)
Local time: 09:42
scapegoat bank
Explanation:
Roskapankki on idiomi Suomessa, yritys hyötyä kaatuneiden pankkien velkaantuneiden asiakkaiden kustannuksella esim: "Roskapankki hoitaa mm. Suomen Säästöpankilta
periytyneitä kiinteistöjä ja muita ongelma-asiakkaita. ... " Otti "syntipukin" osan.

...Kaatuihan se sitten itsekin.

Silkka arvaus tietenkin "scapegoat bank"


--------------------------------------------------
Note added at 2003-02-06 19:51:01 (GMT)
--------------------------------------------------

http://www.ncpa.org/pi/internat/pd091201d.html

Selected response from:

Kirsikka
Local time: 09:42
Grading comment
Thanks for the suggestion - I finished up with 'trash bank',
a simple and literal translation. This term is only used in Finland,
apparently, so if you spot it in English in the future, you'll know where
it came from!

All good wishes,

Annira
3 KudoZ points were awarded for this answer



Summary of answers provided
4unsecured bank
Desmond O'Rourke
2scapegoat bank
Kirsikka


  

Answers


16 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
unsecured bank


Explanation:
In the US, FDIC member banks are secure in the sense that they are backed by the Federal Deposit Insurance Corporation.
This is not to say that all unsecured banks are "pirate banks" but the term would include them.

www.finnishtrans.com

Desmond O'Rourke
United States
Local time: 02:42
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
Login to enter a peer comment (or grade)

3 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
scapegoat bank


Explanation:
Roskapankki on idiomi Suomessa, yritys hyötyä kaatuneiden pankkien velkaantuneiden asiakkaiden kustannuksella esim: "Roskapankki hoitaa mm. Suomen Säästöpankilta
periytyneitä kiinteistöjä ja muita ongelma-asiakkaita. ... " Otti "syntipukin" osan.

...Kaatuihan se sitten itsekin.

Silkka arvaus tietenkin "scapegoat bank"


--------------------------------------------------
Note added at 2003-02-06 19:51:01 (GMT)
--------------------------------------------------

http://www.ncpa.org/pi/internat/pd091201d.html




    Reference: http://www.helsinginsanomat.fi/uutisarkisto/19990910/talo/99...
Kirsikka
Local time: 09:42
Native speaker of: Native in FinnishFinnish
PRO pts in category: 3
Grading comment
Thanks for the suggestion - I finished up with 'trash bank',
a simple and literal translation. This term is only used in Finland,
apparently, so if you spot it in English in the future, you'll know where
it came from!

All good wishes,

Annira
Login to enter a peer comment (or grade)



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