📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • âś–

      Question

      ALM stands for 

      A Asset Liquid Management Correct Answer Incorrect Answer
      B Automated Liability Management Correct Answer Incorrect Answer
      C Asset Liability Management Correct Answer Incorrect Answer
      D Automated Liability Management Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Asset Liability Management (ALM) can be defined as a mechanism to address the risk faced by a  bank   due to a mismatch between assets and liabilities either due to liquidity or changes in interest rates. Liquidity is an institution's ability to meet its liabilities either by borrowing or converting assets.

      Practice Next
      ask-question