Asset-Liability Committee


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Asset-Liability Committee

Also called ALCO. A committee at a bank charged with ensuring the bank has enough assets to pay for its liabilities. It does this by monitoring the risk of the bank's investments as well as its capital structure. It reports to the board of directors and generally must also provide information to regulators.
References in periodicals archive ?
Some banks are likely to soon hold meetings of asset-liability committees to decide the course of action.
He has served on numerous committees including the executive commit-tee, governance committee and as the board liaison to the asset-liability committee.
These two exercises can greatly help your asset-liability committee with its pricing decisions and can transform your marketing department into a profit center
The deputy chairperson of the National Bank of Egypt (NBE), Yehia Aboul Fotouh, said that the Asset-Liability Committee (ALCO), which is responsible for determining the bank's interest rates, will meet within days to discuss the fate of interest on the bank's savings coffers.
And considering the historic low-rate environment, it requires even more serious interest by your credit union's staff and those on the asset-liability committee.
The Asset-Liability Committee (ALCO) at NBE, which sets the interest rates at the bank, decided to convene Wednesday to determine the future interest rates of the bank, which has the largest share of deposits and loans in the Egyptian market.
He is credited with contributing to Chartway's long-term stability through his participation with various committees, specifically as chairman of the strategic planning committee and vice chairman of the asset-liability committee.
Time constraints and the absence of Asset-Liability Committee officers--who are in charge of setting interest rates at banks--due to travel circumstances, has impeded banks from taking quick decisions.
At Golden 1, we measure and report interest rate risk on a quarterly basis to the asset-liability committee.
The Asset-Liability Committee (ALCO) -- the entity responsible for determining interest rates of the Industrial Development & Workers Bank of Egypt -- will hold a meeting on Wednesday 22 June to make a decision about the interest rates on bank savings, according to the bank's director general of the treasury Haitham Abdel Fattah.
Here at MSFFCU we also believe that it is very important to have a director on our key committees, the asset-liability committee and the enterprise-risk management committee.
The Asset-Liability Committee (ALCO) in Banque Misr decided on Monday to raise the interest rates on customers' deposits by 1%, and raise the yield on savings accounts by 0.