What are the principles of banking?

The book explains the original, principles of banking, including lending policy and liquidity management, and why these need to be restored in order to avoid another bank crisis at the time of the next economic recession. It covers asset-liability management, liquidity risk, internal transfer pricing, capital management, and stress testing.

What's new in the principles of banking 2nd edition?

It also includes new chapters in market risk management, foreign exchange risk management, interest rate risk, and credit risk policy and management. An essential update to a widely read and taught banking text, The Principles of Banking, Second Edition is an indispensable resource for banking professionals and students everywhere.

What are banking fundamentals?

Banking fundamentals refer to the concepts and principles relating to the practice of banking. Banking is an industry that deals with credit facilities, storage for cash, investments, and other financial transactions. The banking industry is one of the key drivers of most economies because it channels funds to borrowers with productive investments.