Theoretical and Applied Economics
No. 10 / 2008 (527)
Optimizing the Banking Activity Using Assets & Liabilities Management
Marian Vasilache
Academy of Economic Studies, Bucharest
Abstract. In the actual study, starting from the international experience, we revealed the role that should be taken by the Assets and Liabilities Committee (ALCO) within the Romanian commercial banks. ALCO became one of the tools used by the executive management of the banks to take decisions regarding the future policy of assets and liabilities management, relying on the synthetic information prepared by well trained technicians but without voting right (usually middle management staff). We consider that the implementation of an assets and liabilities management strategy cannot be done without an appropriate corporate governance structure, even though the bank is having highly specialized staff. Models of some western banking institutions may be considered as benchmarks by the Romanian banks.
Contents
Corporate Rating. Multidimensional Perspective in the Context of the Differentiation in Terms of Localization Criteria. Empirical Perspective on Developed versus Emerging Countries
Optimality, Rational Expectations and Time Inconsistency Applied to Inflation Targeting Strategy
Optimizing the Banking Activity Using Assets & Liabilities Management
The Dimensions of Organizational Intelligence in Romanian Companies – A Human Capital Perspective
An Analysis of Closed-end Fund Puzzle for Emerging Capital Markets
The Influence of the Conjunctural Factors Toward the Reengineering of Organization
Current Approaches to the Establishment of Credit Risk Specific Provisions
Mobil Digital Management for SME’s
Growth Strategies in the Publishing Industry through the Betterment of Managerial Techniques