Synopsis by niusheng11



             The Management of Correspondent Banking
                                 By M.H.Bouldoukian
                                Former deputy governor
                                Central Bank of Lebanon

The Book
An overview of correspondent banking and its management, as one important aspect of
international banking. Subjects treated are the applicable principles and techniques in
bank-to-bank relations; the choice of strategies adopted by international banks in
establishing and maintaining relationships, indicating the opportunities, challenges,
revenue/cost concept of each strategy, from an Agency Arrangement strategy to
Branching overseas. The services rendered by the correspondent banking community to
each niche market, competition and pricing policy. How to develop a sound
correspondent banking relationship, as well as, the choice of the correspondent by a
respondent bank are vastly covered; the ABC of marketing strategies, as well as the
requirements for the start of a correspondent banking relationship, are presented in detail.
The organization of an efficient department, the importance of Information Technology
(IT) in correspondent banking as well as its legal environment are described each in a
separate chapter. In conclusion, the future of correspondent banking is tackled.
The book is fully illustrated with tables, figures, references, a glossary and useful website
addresses in banking and finance.

Who can benefit from using this book?
This book must primarily appeal to banking executives, worldwide. I have introduced
fundamental topics that are dealt in the management of correspondent banking. It will be
useful to executives in all types of banking organizations, specially those in the
international and institutional banking areas.
The book also must appeal to executives of central banking institutions, other monetary
authorities and official legislators, since they regulate and supervise banks and their
activities by introducing new regulations. Banking Supervision monitors closely lines
extended by correspondent banks to counterparties when managing overall risk in line
with Basel II and its three pillars.
This book should appeal to university and college students of banking courses in
undergraduate and graduate levels in economics, finance and banking, specially
international banking.
Also, this book must appeal to the international business community at large,
International and National Chambers of Commerce, exporters, importers, business and
financial intermediaries, legal and financial services professionals, including providers of
technological services and products to the banking sector.
In addition, this book can appeal to all commodity traders, soft and hard, oil and its
derivatives and trading companies worldwide.
Finally, this book can appeal to other financial services industry, such as, investment
bankers, insurance companies, investment companies, and supranational institutions.
The author
Meguerditch Hagop Bouldoukian is a seasoned banker since 1961. He has a very rich,
diversified and extensive banking and finance background with over 45 years of practice,
experience, and exposure in the international banking field, having occupied senior
positions with multinational banking institutions.
Since 1969, he has also pursued a career as an academic, as professor of banking and
finance at five major universities in Beirut, Lebanon. Since 1977, he has also been invited
to international conferences to speak about, banking, finance, international economic
relations and market economics. He is a follower of Von Hayek and Schumpeter. His
personal website:

Expected publication date
September 2006

An UAB publication

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