000			02174cam a22002898i 4500
001			22108056
005			20250120144825.0
008			210630s2021 enk b 001 0 eng
020			_a9781119755012 _q(hardback)
040			_aDLC _beng _erda _cPUO _dPUO
042			_apcc
082	0	0	_a332.1068 _bLUB 2021
100	1		_aLubinska, Beata, _d1973- _eauthor. _93219
245	1	0	_aInterest rate risk in the banking book : _ba best practice guide to management and hedging / _cBeata Lubinska.
263			_a2111
264		1	_aChichester, West Sussex, United Kingdom : _bJohn Wiley & Sons, Ltd., _c2021.
300			_a241pages, cm _bcolour illustrations ; _ccm
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
504			_aIncludes bibliographical references and index.
520			_a"Asset Liability Management, the practice of matching the term structure and cash flows of an organization's asset and liability portfolios to maximize returns and minimize risk, is a key component of any financial institution's overall operating strategy. Due to a heavily regulated landscape and increasing competition for resources such as liquidity and capital, financial institutions -- especially banks -- are driven to constantly search for ways to run a more sophisticated ALM operation. As a result, the role of the ALM unit has to constantly evolve, extending beyond the risk management field. On top of the unit's traditional function of managing risk associated to the banking book, it now has to manage the regulatory capital of the bank and actively position the balance sheet to maximize profit. These contemporary challenges call for ALM optimization techniques, more particularly, ways to optimize the banking book using a quantifiable approach. The proposed book promotes active management of the banking book through optimization techniques presented in the book that effectively combine interest rate risk and liquidity risk management into one holistic approach"--
650		0	_aInterest rate risk. _93222
650		0	_aAsset-liability management. _93225
650		0	_aBanks and banking. _93192
942			_2ddc _n0 _cBK
999			_c62514 _d62514