Impact of Non-existence of Financial Markets in Asset-liablity Mamagmenem of Ethiopian financial institutions
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Date
2008-06
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A.A.U
Abstract
The subject of asset-liability management received more attention in modem
financial and risk management of the financial sector. in this project, attempt 1:5
made to show the Ethiopian private commercial banks asset-liability matchin£,
effort. the research was mainly conducted through critical evaluation of the s1.\
selected commercial banks. alm models which are evolved through time and tool,
their current shape are used to determine the positions those banks. the
research tried to address the problem of absence of organized financial market il
the II lc1llagelltent of assets and liabilities. the outcome of the research suggeste(,
that, most of the banks are not in ideal liquidity position. Either, they are skewed
to the right or left of the perfect match. it had also been observed that, bank~,
effol1 towarcis their f oreign currency position impaired by the rigid directives 0
the cell1rcil ballk. III line with this, potential solutions which were believed I(
alleviate the problem were recommended. despite the above fact, bank were able
to register remarlwble increase in the period of six years from 2002 to 2006. to bp
succes sful, howe ver, they are expected to capitalize these phenomena foi
maximum possible benefits.
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Keywords
Existence, Institutions