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文章基本信息

  • 标题:Modelling Commercial Banks Liquidity Management Using Stochastic Programming
  • 作者:Caston Sigauke ; Daniel Maposa ; Wifred Chagwiza
  • 期刊名称:International Journal of Business and Management
  • 印刷版ISSN:1833-3850
  • 电子版ISSN:1833-8119
  • 出版年度:2012
  • 卷号:7
  • 期号:9
  • 页码:49
  • 语种:English
  • 出版社:Canadian Center of Science and Education
  • 摘要:In this paper a stochastic programming framework for liquidity management of commercial banks in Zimbabwe is developed. The paper sets out to explain an important financial planning model for liquidity management; in particular it discusses why in practice optimum planning models are used. The ability to build an integrated approach which combines treasury security assets models with that of income generating decisions have proved desirable and more efficient in that it can lead to better liquidity decisions. The role of uncertainty and quantification of risk in these planning models is considered.
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