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

Dermine, Jean; Bissada, Youssef F.

Hardcover

ISBN 10: 0273656562 ISBN 13: 9780273656562

Publisher: Financial Times Management, 2002

Synopsis

Brings together the techniques every banking professional needs to maximize value creation and minimize risk in connection with their ALM capabilities. Covers the entire discipline, offering concise, accessible, practical guidance.

About this title

About the Author

Jean Dermine is Professor of Banking and Finance at INSEAD, and Director of the INSEAD Center in International Financial Services (CIFS). He has more than 20 years' of research and consulting experience in the field of ALM and has directed programmes for bankers around the world.

Youssef Bissada is owner and chairman of Bissada Management Simulations, a company specialising in the development of computer-aided educational packages. He started his career at INSEAD in 1969, and now works as a consultant for numerous international organizations and corporations.

From the Back Cover

As institutional shareholders increase pressure on value creation and as central banks around the world are forcing banks to improve their ALM capabilities, the time has come for every banker to master the tools of Asset and Liability Management, and the control of value creation and risk.

Written for a general business audience by Jean Dermine, an INSEAD expert, Asset and Liability Management is a complete toolbox for those wishing to get to grips with the subject. Unique in its concise, clear and accessible presentation of the concepts, the book steers clear of complex mathematics and presents the tools in an intuitive and simple way by using modern, visual, educational techniques.

The book sheds light on questions such as:

• how do the various pieces of the bank puzzle fit with one another?
• how does each piece of the bank contribute to value creation?
• how does one ensure that risks are being controlled?
• how do you evaluate performances on a risk-adjusted basis?
• how do you price loans to secure the creation of value?

It also includes discussions on profit-center management, pricing credit risk and loan provisioning, and the management of interest rate and liquidity risks.

Threading through the book are a set of exercises with solutions to measure understanding of the concepts as they build on each other.

Edition details

• Publisher: Financial Times Management
• Publication date: 2002
• Language: English
• ISBN 10: 0273656562
• ISBN 13: 9780273656562
• Binding: Hardcover
• Number of pages: 157