Flexibility drives EBRD’s risk strategy

ALM in practice


“It’s quite elegant,” says Ayesha Shah, treasurer of the European Bank for Reconstruction and Development (EBRD), based in London. She is talking about the supranational institution’s asset and liability management (ALM) programme: “Libor is basically the transfer price within treasury and within the EBRD as well. We’ve set up a very simple mechanism, but because it is so simple, elegant and flexible, it is actually quite complicated to run.”

Funds – both fixed and floating rate – raised by the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here