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What does Alm stand for in asset management?
ALM is therefore, the management of the Net Interest Margin (NIM) to ensure that its level and riskiness are compatible with risk/return objectives of the bank. So ALM is more than just managing individual assets and liabilities categories well.
What is the role of asset liability management?
One of the most important risk-management functions in banking is Asset Liability Management (ALM). Traditionally, administered interest rates were used to price the assets and liabilities of banks.
How is financial management used in a business?
A business organisation seek to achieve their objectives by obtaining funds from various sources and then investing them in different types of assets, such as plant, buildings, machinery, vehicles etc. Financial management is managing the finances through scientific decision-making.
How to write an essay on financial management?
Essay on the Role of Financial Management in a Business Essay # 1. Introduction to Financial Management:
Last Update: Oct 2021
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