How Long to Read Banking and Financial Markets

How Long Does it Take to Read Banking and Financial Markets?

It takes the average reader 3 hours and 41 minutes to read Banking and Financial Markets by Andrada Bilan

Assuming a reading speed of 250 words per minute. Learn more

Description

The traditional role of a bank was to transfer funds from savers to investors, engaging in maturity transformation, screening for borrower risk and monitoring for borrower effort in doing so. A typical loan contract was set up along six simple dimensions: the amount, the interest rate, the expected credit risk (determining both the probability of default for the loan and the expected loss given default), the required collateral, the currency, and the lending technology. However, the modern banking industry today has a broad scope, offering a range of sophisticated financial products, a wider geography -- including exposure to countries with various currencies, regulation and monetary policy regimes -- and an increased reliance on financial innovation and technology. These new bank business models have had repercussions on the loan contract. In particular, the main components and risks of a loan contract can now be hedged on the market, by means of interest rate swaps, foreign exchange transactions, credit default swaps and securitization. Securitized loans can often be pledged as collateral, thus facilitating new lending. And the lending technology is evolving from one-to-one meetings between a loan officer and a borrower, at a bank branch, towards potentially disruptive technologies such as peer-to-peer lending, crowd funding or digital wallet services. This book studies the interaction between traditional and modern banking and the economic benefits and costs of this new financial ecosystem, by relying on recent empirical research in banking and finance and exploring the effects of increased financial sophistication on a particular dimension of the loan contract.

How long is Banking and Financial Markets?

Banking and Financial Markets by Andrada Bilan is 221 pages long, and a total of 55,471 words.

This makes it 75% the length of the average book. It also has 68% more words than the average book.

How Long Does it Take to Read Banking and Financial Markets Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 3 minutes to read Banking and Financial Markets aloud.

What Reading Level is Banking and Financial Markets?

Banking and Financial Markets is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Banking and Financial Markets?

Banking and Financial Markets by Andrada Bilan is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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