This book aims to overcome the limitations the variations in bank-specifics impose by providing a bank-specific valuation theoretical framework and a new asset-side model. The book includes also a constructive comparison of equity and asset side methods. The authors present a novel framework entitled, the ¿Asset Mark-down Model¿. This method incorporates an Adjusted Present Value model, which allows practitioners to identify the main value creation sources of a particular bank: from asset-based cash flow and the mark-down on deposits, to tax benefits on bearing liabilities. Through the implementation of this framework, the authors offer a more accurate and more specific approach to valuing banks.
| Autorius: | Daniele Previtali, Federico Beltrame, |
| Serija: | Palgrave Macmillan Studies in Banking and Financial Institutions |
| Leidėjas: | Palgrave Macmillan UK |
| Išleidimo metai: | 2016 |
| Knygos puslapių skaičius: | 268 |
| ISBN-10: | 1137561416 |
| ISBN-13: | 9781137561411 |
| Formatas: | Knyga kietu viršeliu |
| Kalba: | Anglų |
| Žanras: | Risk assessment |
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