Chapter7商业银行学中英文双语课件.pptVIP

Chapter 7Managing liability and the cost of funds Liability management plays an important role in the risk-return trade-off at commercial banks.负债管理在商业银行的风险收益权衡上有重要作用 1. Liability management decisions affect profitability by determining interest expense on borrowed funds, noninterest expense associated with check handling costs, personnel costs, and noninterest income from fees and deposit service charges. 负债管理决策通过决定借入资金的利率费用、包括支票管理成本的非利息费用、人员费用以及来源于存款服务费和其他费用的非利息收入等来影响利润。 2. They affect interest rate risk and liquidity risk by determining the rate sensitivity of liabilities, the stability of deposits toward preventing unanticipated deposit outflows, and the ease of access to purchased funds.负债管理决策影响利率风险和流动性风险，影响手段包括负债利率敏感性决策、防止非预期存款流出的存款稳定性决策、融资便利性决策 §1 The composition of bank liabilities银行负债的构成 Transaction accounts usually pay relatively low explicit interest rates but have higher noninterest processing costs.Other accounts offer limited check writing capabilities but pay higher rates. Liabilities with long-term fixed maturities typically pay the highest interest rates but have the lowest noninterest transaction costs. 交易帐户通常付相对低的直接利率，但有相对高的非利息处理费用。其他帐户提供有限的支票交易能力，但付较高的利率。典型的长期定期负债支付最高的利率，但有最低的非利息交易费用。 Total deposits Deposits held in foreign offices deposits domestic offices Transaction nontransaction accounts accounts saving deposits time deposits Exhibit 7.1 Today, virtually all bank liabilities are free of regulatory restrictions on allowable rates, maturities, and minimum denominations. this freedom creates market opportunities, it also presents significant problems. 今天，所有银行负债在利率、期限和最小面额方面实际上没有监管限制。这个自由创造了市场机会，同时它也带来了严重的问题。 First, bank customers have become much more rate conscious. They shop around for the highest yields and typically pay less attention to long-term bank relationships. From the bank‘s perspective, liabilities have become more i