Praise for AN INTRODUCTION TO BANKING, SECOND EDITION "A worthy book for professionals and students alike. The easy–to–read style of this book from an author who is very deep–rooted in everyday bank business promotes great understanding, as well as enjoyment from the activities of both generating profit and minimising risks." —Dr Martin Czurda, CEO, Austrian Anadi Bank, Klagenfurt "Moorad Choudhry, based on a rock–solid understanding of the original principles of banking, writes a book that is a thorough and practical guide to develop a strategic and forward–looking banking practice that takes into account the interaction among business cycles, interest rates, liquidity and credit losses. Essential reading for a bank manager." —Fernando Dasso, Chief Financial Officer, BCP, Lima "I've read it fully and can say it is one of a kind. A super useful tool for bankers and staff in the capital markets." —Issa Soormally, Deputy Governor, Bank of Mauritius, Port Louis "While working on my MBA master thesis in Finance (corporate banking), I was always reading Professor Choudhry's books as they are more valuable and better structured than most of the books in finance." —Piotr Lagodzinski, VTB, Frankfurt Written in the author's trademark accessible style, this fully revised and updated second edition of An Introduction to Banking is a succinct and focused analysis of the core principles of good banking practice. Moorad Choudhry develops in breadth and depth the key principles of banking, concentrating on the application of robust risk management principles from a practitioner viewpoint, and how to incorporate these principles into bank strategy and customer service. New highlights of this second edition include: case studies on problem solving involving several real–world risk management issues and solutions liabilities strategy setting as part of balance sheet optimisation a detailed look at the importance of understanding net interest margin (NIM) best–practice ICAAP and ILAAP process principles fundamentals of good customer service