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It is understood that every bank has an asset/liability management committee (ALCO). What are their responsibility and why is it important that a bank utilize

It is understood that every bank has an asset/liability management committee (ALCO). What are their responsibility and why is it important that a bank utilize their ALCO?

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An AssetLiability Management Committee ALCO is a crucial component of a banks risk management framework Heres a breakdown of their responsibilities an... blur-text-image

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