资产负债管理.ppt

Asset/Liability Management资产负债管理 A summary of common challenges, best practices, and a summary of the changing landscape of Asset/Liability Management 对挑战、最佳实践和日新月异的 资产负债管理的概述 Proactive Balance Sheet Management主动式资产负债管理 A/LM is a critical management process designed to achieve the bank’s desired objectives within prudent risk limits A/LM是一种为银行在一定风险限度内达到所期望的目标所设计的管理模式 A/LM is strategic forward planning A/LM 是一项策略的前瞻计划管理 A/LM is a coordinated approach to the Management of: A/LM是一种协调式管理： Loans 贷款 - Deposits 存款 Investments 投资 - Borrowings 借款 Liquidity 流动性 - Long-term Debts 长期债务 Fixed Assets 固定资产 - Capital/Reserves 资本/现金储备 Main Concern of A/LM资产负债管理主要关心的问题 How is the bank’s balance sheet performing ? 资产负债表的表现如何？ “…. while our net interest income remains satisfactory, I anticipate that our margins will come under increasing pressure over the next two years…” “我们的净利息收入令人满意，但我预测我们的盈利在未来两年内将会遭遇极大的压力” How much risk is in the bank’s balance sheet ? 银行的资产负债表中的风险有多大？ “…. the total loan portfolio of 6.87 billion will decrease in value by 520 million (7.57%) if interest rates rise by 1%…” “如果利率上升1%的话，总的68.7亿的信贷资产组合会损失5亿2千万（7.57%）” What the bank’s income will be over the next 2 years ? 银行未来两年的收入将会怎样？ What effect a 2% rise/fall in interest rates will have on that income? 如果利率升降2%的话，银行的收入会是怎样的？ Which products are profitable at the bank? 哪种产品在银行里赢利？ Will those products continue to be profitable if the yield curve becomes steeper/flatter? 如果收益曲线发生变化，比如曲线走势变的陡峭或平坦，哪种产品仍会赢利？ Main Concern of A/LM资产负债管理主要关心的问题 Financial Objectives 金融目标 Short Term: Net Income 短期目标：净收入 Long Term: Market Value of Capital 长期目标：市值 Balance Sheet Objectives 资产负债表目标 Balance Sheet Growth Targets 资产负债表增长目标 Capital Growth and Dividends 资本增长和股息 Markets Served - Market Ignored 应服务的市场——应忽略的市场 Product Offerings and Pricing 产品品种推广和定价 Desired Image of the Bank 期望的银行形象 Asset/Liability Management Becomes