The Monte Carlo Simulation in Banks : Simplified Example in MS Excel and Practical Approach in German Savings Banks

Language: English

Published by GRIN Verlag Jun 2010, 2010

3640645855 / 9783640645855

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Neuware - Scientific Essay from the year 2010 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: keine, Masaryk University (Fakultät für Wirtschaft und Verwaltung), course: ---, language: English, abstract: This article deals with the actual status quo of measuring credit risk in the German banking sector. It defines the kinds of VaR approaches and discusses the basics and models for quantifying credit risk. The VaR tools used in the German banking sector to measure credit risk are analysed in a next step. Further, the complex character of the Monte Carlo approach is explained at the example of an Excel tool. The outlook of this article consists of a critical analysis of the efficiency in the context of the actual financial crisis in Germany.The paper extends the basic aspects of three former publications of the author, published in the specialized banking magazine Bankpraktiker 07-08.2006, pp. 366 - 371, the Conference paper for the ESF Conference on 25.06. - 26.06.2008 in Brno, Czech Republic, pp. 325 - 333 and the ControllerMagazin 05.2009, pp. 84 - 92.…

Seller Inventory # 9783640645855

Title
The Monte Carlo Simulation in Banks : Simplified Example in MS Excel and Practical Approach in German Savings Banks
Author
Svend Reuse
Publisher
GRIN Verlag Jun 2010
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3640645855
ISBN 13
9783640645855
Item weight
68 grams
Dimensions
210x148x4 mm

AHA-BUCH GmbH

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