Asset-Liability Committee - ALCO
- Asset-Liability Committee - ALCO
- A risk-management committee in a bank or other lending institution that generally comprises the senior-management levels of the institution. The ALCO's primary goal is to evaluate, monitor and approve practices relating to risk due to imbalances in the capital structure.
For example, the ALCO will have responsibility for setting limits on the arbitrage of borrowing in the short-term markets, while lending long-term instruments. Among the factors considered are liquidity risk, interest rate risk, operational risk and external events that may affect the bank's forecast and strategic balance-sheet allocations. The ALCO will generally report to the board of directors and will also have regulatory reporting responsibilities.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
asset/liability management committee — ( ALCO) A committee, usually comprising senior managers, responsible for managing assets and liabilities to maximize income and safety over the long run. In a financial institution, the ALCO is usually responsible for asset and liability… … Financial and business terms
ALCO — steht für: American Locomotive Company, ein US amerikanisches Unternehmen des Lokomotiv und Maschinenbaues ALCO FA, eine Baureihenfamilie von Diesellokomotiven ALCO PA, eine Baureihenfamilie von Diesellokomotiven Alcotest, einer Gerätefamilie zur … Deutsch Wikipedia
Alco — steht für: Alcotest, einer Gerätefamilie zur Messung von Atemalkohol American Locomotive Company, ein US amerikanisches Unternehmen des Lokomotiv und Maschinenbaues Asset Liability Committee, ein Gremium in Unternehmen das bestimmte… … Deutsch Wikipedia
ALCO — asset/liability management committee (ALCO) A committee, usually comprising senior managers, responsible for managing assets and liabilities to maximize income and safety over the long run. In a financial institution, the ALCO is usually… … Financial and business terms
asset and liability management committee — ALCO A senior management committee of a bank or financial institution that has overall responsibility for setting and overseeing risk control policies in relation to the balance sheet (see asset liability management; gap analysis). In some cases… … Big dictionary of business and management
ALCO — Abbreviation for asset and liability management committee … Big dictionary of business and management
