What is ALCO?
ALCO is a decision-making unit responsible for balance sheet planning and management from risk-return perspective and also responsible for the strategic management of interest rate and liquidity risks. Functions of ALCO
What is the role of Alco in risk management?
It also involves altering the asset-liability portfolio in a dynamic way in order to manage risk. ALCO is a decision-making unit responsible for balance sheet planning and management from risk-return perspective and also responsible for the strategic management of interest rate and liquidity risks.
What is an Asset-Liability Committee (ALCO)?
An Asset-Liability Committee (ALCO) refers to committees consisting of senior-level managerial employees who manage the risks associated with the company’s assets and liabilities. ALCOs are usually found in companies that lend out money, such as credit unions
Who is the CEO of Alco?
Berkeley was named CEO of ALCO in 2020. He guides ALCO’s efforts to build community by providing quality affordable housing for residents of every ALCO property and meaningful jobs for every ALCO employee.