This paper deals with the risk management of savings accounts. Savings accounts are non-maturing accounts bearing a relatively attractive rate of return and two embedded options: a customer's option to withdraw money at any time and a bank's option to set the deposit as it wishes. The risk...

In this paper, we analyse a relationship between net interest margin (NIM) of EU banks and market interest rates in a low-interest rate environment. We contribute to the literature when examining a large sample of annual data on 629 banks from EU member countries during the 2011-2016 period,...

Cover -- Table of Contents -- List of Figures -- List of Tables -- List of Abbreviations -- Foreword -- THEORETICAL PART -- 1. Theoretical background: definition of responsible borrowing and lending -- 1.1 Definition of responsible lending -- 1.2 Definition of responsible borrowing -- 1.3...