International Journal of Financial Management

1. Md. Zakir Hossain – Lecturer, Bangladesh Institute Of Bank Management (bibm) Mirpur, Dhaka, Bangladesh

Received
28-Sep-2012
Accepted
-
Published
28-Sep-2012
Abstract
This study identifies the major risk areas of banks’ exposure in the capital market of Bangladesh using various statistical tools. Using data for the period of 2009 to 2011, the study finds that banks’ investment in the capital market is very risky for which liquidity risk, credit risk as margin loan, and capital adequacy risk may endanger the position of banks. The estimates of 99.9% daily VaR and the VaR violation indicate that VaR is a reliable measure of market risk in Bangladesh. The separation of investment banking from retail banking can reduce the capital market risk exposures of banks.
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