Liquidity Risk has been neglected by the risk management community for quite some time.
Liquidity Risk
A Brief Introduction
Liquidity risk is part and parcel for every banking institution. Unfortunately it isn‘t an isolated risk like credit or market risk, but a consequential risk.
It is contingent on other factors like maturity mismatches or external events such as credit downgrades or market turmoils.
©CAK Finance 18.11.2006