LEADER 05600nam 2200721 a 450 001 9910789063303321 005 20230725052705.0 010 $a1-119-20694-4 010 $a1-283-24048-3 010 $a9786613240484 010 $a1-119-99358-X 035 $a(CKB)3400000000021225 035 $a(EBL)706786 035 $a(OCoLC)731512545 035 $a(SSID)ssj0000544000 035 $a(PQKBManifestationID)12243232 035 $a(PQKBTitleCode)TC0000544000 035 $a(PQKBWorkID)10534345 035 $a(PQKB)10474351 035 $a(MiAaPQ)EBC706786 035 $a(CaSebORM)9781119950240 035 $a(Au-PeEL)EBL706786 035 $a(CaPaEBR)ebr10494534 035 $a(CaONFJC)MIL324048 035 $a(EXLCZ)993400000000021225 100 $a20110712d2011 uy 0 101 0 $aeng 135 $aurunu||||| 181 $ctxt 182 $cc 183 $acr 200 13$aAn introduction to banking$b[electronic resource] $eliquidity risk and asset-liability management /$fMoorad Choudhry 205 $a1st edition 210 $aChichester [U.K.] $cJohn Wiley$d2011 215 $a1 online resource (384 p.) 225 1 $aSecurities Institute 300 $aPublished in association with Chartered Institute for Securities & Investment. 311 $a0-470-68725-8 320 $aIncludes bibliographical references and index. 327 $aAn Introduction to Banking: Liquidity Risk and Asset-liability Management; CONTENTS; Foreword; Preface; About the author; 1 BANK BUSINESS AND CAPITAL; Banking business; Interest income; Fees and commissions; Trading income; Costs; Capital markets; Scope of banking activities; Capital; Banking and trading books; Financial statements and ratios; The balance sheet; Profit and loss report; References; 2 THE MONEY MARKETS; Introduction; Securities quoted on a yield basis; Money market deposits; Certificates of deposit; CD yields; Securities quoted on a discount basis; Treasury bills 327 $aBanker's acceptances Eligible banker's acceptance; Commercial paper; Commercial paper programmes; Commercial paper yields; Asset-backed commercial paper; Repo; Definition; The classic repo; Examples of classic repo; The sell/buyback; Examples of sell/buyback; Repo collateral; Legal treatment; Margin; Variation margin; Currencies using money market year base of 365 days; 3 THE YIELD CURVE; Importance of the yield curve; Using the yield curve; Yield-to-maturity yield curve; Analysing and interpreting the yield curve; Theories of the yield curve; The zero-coupon yield curve 327 $aExample calculation illustrations Forward rate calculation for money market term; Understanding forward rates; Bibliography; 4 INTRODUCTION TO TRADING AND HEDGING; Trading approach; The yield curve and interest rate expectations; Credit intermediation by the repo desk; Specials trading; Matched book trading; Interest-rate-hedging tools; Interest rate futures; Forward rate agreements; FRA mechanics; Overnight interest rate swaps; Credit risk hedging; Understanding credit risk; Credit rating rationale; Credit limit setting and rationale; Loan origination process standards; Bibliography 327 $a5 ASSET AND LIABILITY MANAGEMENT I Basic concepts; Liquidity gap; Managing liquidity; The liquidity ratio; The liquidity portfolio; 6 ASSET AND LIABILITY MANAGEMENT II; Introduction; Basic concepts; Interest rate risk and source; The banking book; The ALM desk; Traditional ALM; Developments in ALM; Liquidity and interest rate risk; The liquidity gap; Gap risk and limits; Liquidity management; Interest rate gap; Portfolio-modified duration gap; Critique of the traditional approach; The cost of funding; Securitization; The securitization process; Benefits of securitization 327 $aGeneric ALM policy for different-sized banks NPV and value-at-risk; Bibliography; 7 ASSET AND LIABILITY MANAGEMENT III: THE ALCO; ALCO policy; ALCO reporting; 8 BANK LIQUIDITY RISK MANAGEMENT; The liquidity policy statement; Principles of bank liquidity risk management; Measuring bank liquidity risk: key metrics; Internal funding rate policy; Conclusion; 9 A SUSTAINABLE BANK BUSINESS MODEL: CAPITAL, LIQUIDITY AND LEVERAGE; The new bank business model; Liquidity risk management; The liquid asset buffer; Conclusions and recommendations; References; 10 BANK REGULATORY CAPITAL 327 $aBanking regulatory capital requirements 330 $a""A great write-up on the art of banking. Essential reading for anyone working in finance.""Dan Cunningham, Senior Euro Cash & OBS Dealer, KBC Bank NV, London ""Focused and succinct review of the key issues in bank risk management.""Graeme Wolvaardt, Head of Market Risk Control, Europe Arab Bank plc, London The importance of banks to the world's economic system cannot be overstated. The foundation of consistently successful banking practice remains efficient asset-liability management and liquidity risk management. This book introduces the key concepts of banking, 410 0$aSecurities Institute 606 $aBanks and banking 606 $aBank liquidity$xManagement 606 $aAsset-liability management 615 0$aBanks and banking. 615 0$aBank liquidity$xManagement. 615 0$aAsset-liability management. 676 $a332.1 700 $aChoudhry$b Moorad$0151558 712 02$aChartered Institute for Securities & Investment. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910789063303321 996 $aAn introduction to banking$92129393 997 $aUNINA