- Asset-Liability Committee - ALCO
- A risk-management committee in a bank or other lending institution that generally comprises the senior-management levels of the institution. The ALCO's primary goal is to evaluate, monitor and approve practices relating to risk due to imbalances in the capital structure.
For example, the ALCO will have responsibility for setting limits on the arbitrage of borrowing in the short-term markets, while lending long-term instruments. Among the factors considered are liquidity risk, interest rate risk, operational risk and external events that may affect the bank's forecast and strategic balance-sheet allocations. The ALCO will generally report to the board of directors and will also have regulatory reporting responsibilities.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
asset-liability management — The management of assets and liabilities in order to influence the credit risk, interest rate risk, and liquidity risk of a bank. See asset and liability management committee; gap analysis … Big dictionary of business and management
National Asset Management Agency — Agency overview Formed Late 2009 Jurisdiction Ireland … Wikipedia
Capital Markets Index — The Capital Markets Index (CPMKTSsm) [http://www.cpmkts.com] is an investment tool that tracks the value of traditional investment grade U.S. capital market securities. CPMKTS is a real time, market weighted index. It includes approximately 9,500 … Wikipedia
Financial crisis — For the 2008–2010 crisis, see Subprime mortgage crisis , Late 2000s financial crisis and Late 2000s recession. Economics … Wikipedia
Bank of America — Not to be confused with First Bank of the United States, Second Bank of the United States, or Bank of United States. Bank of America Corporation Type Public Traded as … Wikipedia
Securitization — is a structured finance process, which involves pooling and repackaging of cash flow producing financial assets into securities that are then sold to investors. The name securitization is derived from the fact that the form of financial… … Wikipedia
Citibank — Citibank, N.A. Type Subsidiary (of Citigroup) Founded 1812 Headquarters New York City Key people … Wikipedia
Risk management — For non business risks, see risk, and the disambiguation page risk analysis Example of risk management: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, assessment,… … Wikipedia
Bank regulation — Bank regulations are a form of government regulation which subject banks to certain requirements, restrictions and guidelines.Objectives of bank regulationThe objectives of bank regulation, and the emphasis, varies between jurisdiction. The most… … Wikipedia
Corporate title — Publicly and privately held for profit corporations confer corporate titles or business titles on company officials as a means of identifying their function in the organization. In addition, many non profit organizations, educational institutions … Wikipedia
Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… … Wikipedia