Bank Management in South Africa

Why is the South African banking industry regarded as one of the best in the world? How is it structured? How did it avoid collapse during the global financial crisis of 2007-2009? Bank management in South Africa: A risk-based perspective is the first textbook for the South African market to answer these questions. It provides a comprehensive overview of the way banks and their financial risks are managed.

Key Benefits

• Practical examples with South Africa as a focus to complement the theoretical discussions;
• An extensive structure/conduct/performance analysis of the South African banking industry;
• The principles of Enterprise-Wide Risk Management applicable to banks;
• The Three Lines of Defense Model used by banks to apply risk governance;
• A study of the asset-liability management function used to manage interest rate risk;
• Examples to calculate value-at-risk, using the Risk Metrics, historic and Monte Carlo approaches;
• An explanation of risk management using derivatives instruments, such as futures, options and interest rate swaps;
• A South African application of the Basel capital accords.