Understanding the Basics of Asset and Liability Management скачать в хорошем качестве

Understanding the Basics of Asset and Liability Management

Introduction to Treasury: Understanding the Basics of Asset-Liability Management In the dynamic realm of finance, Moorad Choudhry's insights on Asset Liability Management (ALM) resonate profoundly. As he succinctly puts it in his book, 'Anthology', "The general term asset and liability management entered common usage from the mid-1970s onwards. In the changing interest-rate environment, it became imperative for banks to manage both assets and liabilities simultaneously, in order to minimise interest rate and liquidity risk and maximise net interest income. ALM is a key component of any financial institution's overall operation strategy" (Choudhry, 2018, p.723). This encapsulates the essence and vitality of ALM, and why it's a crucial pillar in any financial institution's strategy. Source: Choudhry, M. (2018) 'Bank Asset-Liability Management (ALM) and "Strategic ALM"', in Anthology: Past, present and future principles of banking and finance. Wiley, pp. 723. Don't miss out on this valuable information! For further insights and updates, connect with Claire Trythall on LinkedIn. #AssetManagement #LiabilityManagement #FinancialPlanning #RiskManagement #BusinessFinance