ASSETS AND LIABILITIES MANAGEMENT DURING THE CRISIS - A STUDY ON BANKS IN ROMANIA
The main objective of this paper is to offer a review of assets-liabilities management models. The use of assets and liabilities management models has been rapidly developing since financial institutions require specific tools in order to minimize their risk exposure while maintaining a high level o...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | deu |
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University of Oradea
2017-07-01
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| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | http://anale.steconomiceuoradea.ro/volume/2017/n1/52.pdf |
| _version_ | 1811324443367047168 |
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| author | GABAN LUCIAN RUS IONUT - MARIUS FETITA ALIN BECHIS LIVIU |
| author_facet | GABAN LUCIAN RUS IONUT - MARIUS FETITA ALIN BECHIS LIVIU |
| author_sort | GABAN LUCIAN |
| collection | DOAJ |
| description | The main objective of this paper is to offer a review of assets-liabilities management models. The use of assets and liabilities management models has been rapidly developing since financial institutions require specific tools in order to minimize their risk exposure while maintaining a high level of profitability. Asset and liabilities management models were applied initially for companies and financial institutions but there are also models which can be applies within central banks or even at countries. Asset-liability management models are classified according to the period and variables specification in: single period static models, multi-period static models, single period stochastic models, multi-period stochastic models. Static models are deterministic models in which the variables are well defined and the links between the variables do not change during time. Dynamic models capture much better the financial market volatility, the correlations between assets classes and/or liabilities classes can change, also the variables used in these models can be described as probability functions with different values. The limits of static models are due to their inability to capture the dynamics of financial markets, the changes in the correlations between the various types of assets, also the treatment of the financial system is done in a purely deterministic system. The main disadvantage of dynamic models is their increasing complexity. There is a trade-off between model complexity and ease of use in the case of assets-liabilities models. |
| first_indexed | 2024-04-13T14:14:22Z |
| format | Article |
| id | doaj.art-95b76cff2fd1471dba7e6f74023852ab |
| institution | Directory Open Access Journal |
| issn | 1222-569X 1582-5450 |
| language | deu |
| last_indexed | 2024-04-13T14:14:22Z |
| publishDate | 2017-07-01 |
| publisher | University of Oradea |
| record_format | Article |
| series | Annals of the University of Oradea: Economic Science |
| spelling | doaj.art-95b76cff2fd1471dba7e6f74023852ab2022-12-22T02:43:42ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1222-569X1582-54502017-07-01281529537ASSETS AND LIABILITIES MANAGEMENT DURING THE CRISIS - A STUDY ON BANKS IN ROMANIAGABAN LUCIAN0RUS IONUT - MARIUS1FETITA ALIN2BECHIS LIVIU31 Decembrie 1918 University, Babes-Bolyai University, Babes-Bolyai University, West Vasile Goldis University, Arad, The main objective of this paper is to offer a review of assets-liabilities management models. The use of assets and liabilities management models has been rapidly developing since financial institutions require specific tools in order to minimize their risk exposure while maintaining a high level of profitability. Asset and liabilities management models were applied initially for companies and financial institutions but there are also models which can be applies within central banks or even at countries. Asset-liability management models are classified according to the period and variables specification in: single period static models, multi-period static models, single period stochastic models, multi-period stochastic models. Static models are deterministic models in which the variables are well defined and the links between the variables do not change during time. Dynamic models capture much better the financial market volatility, the correlations between assets classes and/or liabilities classes can change, also the variables used in these models can be described as probability functions with different values. The limits of static models are due to their inability to capture the dynamics of financial markets, the changes in the correlations between the various types of assets, also the treatment of the financial system is done in a purely deterministic system. The main disadvantage of dynamic models is their increasing complexity. There is a trade-off between model complexity and ease of use in the case of assets-liabilities models.http://anale.steconomiceuoradea.ro/volume/2017/n1/52.pdfassets, liabilities, deposits, banking, analysis |
| spellingShingle | GABAN LUCIAN RUS IONUT - MARIUS FETITA ALIN BECHIS LIVIU ASSETS AND LIABILITIES MANAGEMENT DURING THE CRISIS - A STUDY ON BANKS IN ROMANIA Annals of the University of Oradea: Economic Science assets, liabilities, deposits, banking, analysis |
| title | ASSETS AND LIABILITIES MANAGEMENT DURING THE CRISIS - A STUDY ON BANKS IN ROMANIA |
| title_full | ASSETS AND LIABILITIES MANAGEMENT DURING THE CRISIS - A STUDY ON BANKS IN ROMANIA |
| title_fullStr | ASSETS AND LIABILITIES MANAGEMENT DURING THE CRISIS - A STUDY ON BANKS IN ROMANIA |
| title_full_unstemmed | ASSETS AND LIABILITIES MANAGEMENT DURING THE CRISIS - A STUDY ON BANKS IN ROMANIA |
| title_short | ASSETS AND LIABILITIES MANAGEMENT DURING THE CRISIS - A STUDY ON BANKS IN ROMANIA |
| title_sort | assets and liabilities management during the crisis a study on banks in romania |
| topic | assets, liabilities, deposits, banking, analysis |
| url | http://anale.steconomiceuoradea.ro/volume/2017/n1/52.pdf |
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