Means of Controlling Currency Risks for the Bank (Applied to Mortgage for Individuals)

Student: Zvereva Olga

Supervisor: Vladimir B. Malyaev

Educational Programme: Economics (Bachelor)

Final Grade: 7

Year of Graduation: 2017

The banking system needs constant development and increase of its stability to avoid negative consequences of crisis. Any banking operations represent a broad set of risks, especially foreign exchange transactions in connection with the recent events (the currency crisis in late 2014). In this regard, the need to optimize the currency risk management of the Bank arises. In this paper the method of currency risk management "Value-at-Risk"is used for the calculation of currency risk and its interpretation in the form of a "historical simulation" to predict the exchange rate. Also, methods of optimizing the system of currency risk management of the Bank in mortgage lending to individuals were identified.

Full text (added May 25, 2017)

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses