Publication Date 1 Jan 2006
OverviewThe environment in which banks operate changes continuously.Commercial Banking focuses on the core functions of a bank with a strong emphasis on the management of risk. This new textbook provides a comprehensive, practical introduction to bank management and current banking practices used to control different kinds of risk. The text discusses the factors which affect the value of a bank and the techniques for managing that value. Written in accordance with current APRA regulatory requirements, the text also considers an international context in respect to IFRS and its impact on the banking sector, and the requirements of the new Basle II framework. FEATURES * Up to date information on regulatory and legal changes required under Basle II and APRA.* Discusses the factors that affect the value of a bank and the techniques for managing that value through the use of financial derivatives.* Coverage of futures and options, and their use in managing bank risk, is easy to read and contextualised within the day-to-day activities of a bank.* Chapter on credit evaluation process, chapter 8.* Chapter vignettes and end-of-chapter case studies highlight current, practical issues that will help students apply knowledge and develop their understanding.* Comprehensive coverage of core functions and other banking activities. ABOUT THE AUSTRALASIAN AUTHORS Katherine Avram, MCom (Hons), BEc (Hons), DipEd, is Senior Lecturer in the Department of Accounting & Finance, at Monash University where she teaches commercial bank management and is coordinator of the undergraduate banking program. Her research interests and publications relate to interbank settlement systems, financial institutions and regulation. She has acted as consultant to the National Australia Bank and the Consumer Credit Legal Service and is a senior associate of the Australasian Institute of Banking and Finance. Diana Beal is an Associate Professor in Finance at the University of Southern Queensland. She joined USQ in 1988 and has since completed a Masters and a PhD in economics. She is also Director of the Centre for Australian Financial Institutions. Rod Lambert is lecturer in the Department of Accounting & Finance at Monash University. Prior to joining academia he worked in the banking, finance and insurance industries for over 20 years, holding executive level positions in listed companies such as ANZ Bank, Bank of Melbourne, OAMPS Ltd and Sedgwick Group. As a consultant or interim (contract) manager, he has successfully completed assignments for over 30 clients, including all four major banks, many regional banks, and a number of insurance companies and technology companies. He is a Fellow of both the Australian Institute of Banking and Finance, and the Australian Institute of Company Directors. His major research interests are in the field of financial institution failures and deposit runs, and related behavioural, regulatory, management and economic factors.