A practical primer to the modern banking operation
Introduction to Banking, Second Edition is a comprehensive and jargon-free guide to the banking operation. Written at the foundational level, this book provides a broad overview of banking to give you an all-around understanding that allows you to put your specialty work into context within the larger picture of your organization. With a specific focus on risk components, this second edition covers all key elements with new chapters on reputational risk, credit risk, stress testing and customer service, including an updated chapter on sustainability. Practical material includes important topics such as the yield curve, trading and hedging, asset liability management, loan origination, product marketing, reputational risk and regulatory capital.
This book gives you the context you need to understand how modern banks are run, and the key points operation at all levels.
- Learn the critical elements of a well-structured banking operation
- Examine the risk components inherent in banking
- Understand operational topics including sustainability and stress testing
- Explore service-end areas including product marketing and customer service
Banks continue to be the heart of the modern economy, despite the global financial crisis ―they have however become more complex. Multiple layers and a myriad of functions contribute to the running of today’s banks, and it’s critical for new and aspiring bankers to understand the full breadth of the operation and where their work fits in. Introduction to Banking, Second Edition provides an accessible yet complete primer, with emphasis on the areas that have become central to sustainable banking operation.
From the Inside Flap:
Praise for AN INTRODUCTION TO BANKING, SECOND EDITION
“A worthy book for professionals and students alike. The easy-to-read style of this book from an author who is very deep-rooted in everyday bank business promotes great understanding, as well as enjoyment from the activities of both generating profit and minimising risks.”
—Dr Martin Czurda, CEO, Austrian Anadi Bank, Klagenfurt
“Moorad Choudhry, based on a rock-solid understanding of the original principles of banking, writes a book that is a thorough and practical guide to develop a strategic and forward-looking banking practice that takes into account the interaction among business cycles, interest rates, liquidity and credit losses. Essential reading for a bank manager.”
—Fernando Dasso, Chief Financial Officer, BCP, Lima
“I’ve read it fully and can say it is one of a kind. A super useful tool for bankers and staff in the capital markets.”
—Issa Soormally, Deputy Governor, Bank of Mauritius, Port Louis
“While working on my MBA master thesis in Finance (corporate banking), I was always reading Professor Choudhry’s books as they are more valuable and better structured than most of the books in finance.”
—Piotr Lagodzinski, VTB, Frankfurt
Written in the author’s trademark accessible style, this fully revised and updated second edition of An Introduction to Banking is a succinct and focused analysis of the core principles of good banking practice. Moorad Choudhry develops in breadth and depth the key principles of banking, concentrating on the application of robust risk management principles from a practitioner viewpoint, and how to incorporate these principles into bank strategy and customer service.
New highlights of this second edition include:
- case studies on problem solving involving several real-world risk management issues and solutions
- liabilities strategy setting as part of balance sheet optimisation
- a detailed look at the importance of understanding net interest margin (NIM)
- best-practice ICAAP and ILAAP process principles
- fundamentals of good customer service
From the Back Cover:
Praise for AN INTRODUCTION TO BANKING, SECOND EDITION
“A worthy book for professionals and students alike. The easy-to-read style of this book from an author who is very deep-rooted in everyday bank business promotes great understanding, as well as enjoyment from the activities of both generating profit and minimising risks.”
Dr Martin Czurda, CEO, Austrian Anadi Bank, Klagenfurt
“Moorad Choudhry, based on a rock-solid understanding of the original principles of banking, writes a book that is a thorough and practical guide to develop a strategic and forward-looking banking practice that takes into account the interaction among business cycles, interest rates, liquidity and credit losses. Essential reading for a bank manager.”
Fernando Dasso, Chief Financial Officer, BCP, Lima
“I’ve read it fully and can say it is one of a kind. A super useful tool for bankers and staff in the capital markets.”
Issa Soormally, Deputy Governor, Bank of Mauritius, Port Louis
“While working on my MBA master thesis in Finance (corporate banking), I was always reading Professor Choudhry’s books as they are more valuable and better structured than most of the books in finance.”
Piotr Lagodzinski, VTB, Frankfurt
Written in the author’s trademark accessible style, this fully revised and updated second edition of An Introduction to Banking is a succinct and focused analysis of the core principles of good banking practice. Moorad Choudhry develops in breadth and depth the key principles of banking, concentrating on the application of robust risk management principles from a practitioner viewpoint, and how to incorporate these principles into bank strategy and customer service.
New highlights of this second edition include:
- case studies on problem solving involving several real-world risk management issues and solutions
- liabilities strategy setting as part of balance sheet optimisation
- a detailed look at the importance of understanding net interest margin (NIM)
- best-practice ICAAP and ILAAP process principles
- fundamentals of good customer service
About the author:
Moorad Choudhry is a non-executive director at Recognise Bank Limited in London, a non-executive director at the Loughborough Building Society and a non-executive director at Wandle Housing Association. He is Honorary Professor at University of Kent Business School. He was latterly Treasurer, Corporate Banking Division at The Royal Bank of Scotland. He began his career at the London Stock Exchange in 1989.
Moorad is a Fellow of the Chartered Institute for Securities & Investment, a Fellow of the London Institute of Banking and Finance, a Fellow of the Global Association of Risk Professionals, a Fellow of the Institute of Directors and a Liveryman of The Worshipful Company of International Bankers.
Moorad is married with two children, and whenever his steadily declining fitness levels allow he turns out for Newdigate FC, currently in West Sussex League Division3. After his family his loves include AFC Wimbledon and Surrey County Cricket Club. The Members Dining Room at the Oval, home of Surrey CCC, ranks as amongst the most civilised places he has ever been to – along with the Chapel at St.Teresa’s School in Effingham whenever the Schola Cantorum choir, of which his daughter is a member, is performing there.
Moorad was born in Bangladesh and lives in Surrey, England.
Reviews
There are no reviews yet