Asset & Liability Management - A Guide to Value Creation and Risk Control

As deregulation and competition are reducing margins around the world, the need for knowledge on Asset & Liability Management (ALM) – the control of a bank’s profit and risk – becomes an absolute necessity for any banker in charge of a profit center, central bankers in charge of bank supervision and banks’ auditors, consultants or lawyers. This is the first book written on Asset & Liability Management that emphasizes both value creation and risk control. Written for non-specialist bankers, Jean Dermine and Joe Bissada also offer a tutorial CD-ROM with the text.

by Youssef Bissada,Jean Dermine
Last Updated: 23 Jul 2013

As deregulation and competition are reducing margins around the world, the need for knowledge on Asset & Liability Management (ALM) – the control of a bank’s profit and risk – becomes an absolute necessity for any banker in charge of a profit center, central bankers in charge of bank supervision and banks’ auditors, consultants or lawyers.

This is the first book written on ALM that emphasizes both value creation and risk control. It is written for non-specialist bankers in a concise and accessible style. Packaged with the book is a step-by-step tutorial CD-ROM that focuses on visuals and exercises with built-in solutions. This can be used as stand-alone self-learning device or as a tool to test and reinforce the concepts learned after reading the book. Topics include risk-adjusted performance evaluation, loan pricing, loan provisioning, securitization and the management of interest rate and liquidity risks.

Financial Times Prentice Hall, 2002

Youssef Bissada,Jean Dermine recommends

Click here to read the full article on INSEAD Knowledge

Read more

Find this article useful?

Get more great articles like this in your inbox every lunchtime

Upcoming Events

Subscribe

Get your essential reading delivered. Subscribe to Management Today