Asset and liability management

It should be based on reliable, proven information that really reflects the objective reality, and the conclusions must be substantiated by exact analytical calculations. From this requirement follows the need to continuously improve the process of collecting and processing information in order to improve the accuracy and reliability of the calculations. 6. Management is intended to be effective, actively influence the bank's activities and its results, on time identifying gaps, mistakes, mistakes in their work. 7. Asset and liability management should be carried out as planned, systematic, and not from time to time. From this requirement implies the need for planning the management of the bank, the allocation of responsibilities for its implementation between the performers and oversee its implementation. 8. The unity of strategic (long-term) and tactical (current) plan indicates compliance with the strategic objectives of tactical plans to ensure continuity of the process. 9. Management must be expeditious. Efficiency means the ability to quickly and accurately assess the situation, management decisions and implement them. 10. Moral and material incentives to creativity, success and achievements of the whole team and each member individually - condition of achieving high performance of the bank. Category: Management Operations Commercial Bank | Tags: asset, liability, management