By Jochen Kühn
This booklet criticizes the truth that profitability measures derived from capital industry types corresponding to the Sharpe ratio and the reward-to-VaR ratio are proposed for personal loan portfolios, even though it isn't confirmed no matter if their risk-return trade-offs are optimum for banks. The authors display that even the reward-to-VaR ratio, that's constructed for valuating personal loan portfolios, might be hugely deceptive. in addition they exhibit how marketplace self-discipline, capital specifications, and insured deposits impact decision-making.
Read or Download Optimal Risk-Return Trade-Offs of Commercial Banks: and the Suitability of Profitability Measures for Loan Portfolios: 578 (Lecture Notes in Economics and Mathematical Systems) PDF
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Additional resources for Optimal Risk-Return Trade-Offs of Commercial Banks: and the Suitability of Profitability Measures for Loan Portfolios: 578 (Lecture Notes in Economics and Mathematical Systems)
Optimal Risk-Return Trade-Offs of Commercial Banks: and the Suitability of Profitability Measures for Loan Portfolios: 578 (Lecture Notes in Economics and Mathematical Systems) by Jochen Kühn