Zezimali analysis and management kahle yebhange zezimali

Modern zezimali nokuphathwa ubuchwepheshe aqukethe izindlela ezimbili eziyisisekelo: ibhange noma inkampani kumele babe inqolobane kwempahla ewuketshezi, noma ukwazi ngokushesha ukuheha kubo. Lokhu sikhonjiswa todvwa therein likvidnosti- "wekhasi" (zezimali umile) kanye likvidnosti- "ukugeleza" (ubuningi ashukumisayo esibonisa le zezimali yamanje). Zezimali ukuhlaziywa asikisela ukuthi lezi zindlela, namasu zezimali nokuphathwa ku umkhuba ephumelelayo ngokwanele.

Ukuhlaziya zezimali inkampani yomshuwalense, ibhange noma ibhizinisi ihlose ngokwanele ukuhlola creditworthiness of ebhange noma solvency lenkampani nokuqinisekisa ukugcwaliseka izibopho ngaphansi ezezimali kozakwethu. Injalo jikelele kakhulu, kuba Ukuqhathanisa izindlela, okuyinto ihlukaniswa futhi iqoqwa ukwehla oda degree kwabo zezimali.

zezimali ukuhlaziywa ebonisa ukuthi wonke amafa kufanele oluthathwa zibe izigaba ezine:

I 1. uketshezi kakhulu - esisetshenziselwa izinkokhelo zamanje.

2. amafa Ngokushesha realizable - izinkokhelo, okuyinto zenzeka ungakapheli unyaka 1, njengama-akhawunti Iyatholakala.

3. Kancane lwenteke - izinkokhelo, okuzothatha kwenziwe kungakapheli unyaka 1.

4. illiquid - esetshenziswa eside.

Izifiso zakhe zokuqala ezintathu njalo siguqula futhi sinjalo uketshezi ngaphezulu.

Emphakathini wanamuhla, amabhange e ukubaluleka kwabo ukusebenza ohlelweni Banking kungafaniswa isimiso sokujikeleza kwegazi zomzimba.

Ukuheha izimali, amabhange thatha umthwalo kuhambisana izithakazelo emabhange. Lesi sakamuva bayakulangazelela dolobha ithemba amabhange ngeke ahlupheke. Zivela lokhu, amabhange kudingeka ube nawo wonke amakhono ukugcwalisa izibopho esibekiwe usuku, ngaphandle kokulahlekelwa ingxenye imali yabo. Lokhu ikhono ebhange and definition yebhange libhekene zezimali.

Intuthuko yamuva nje ezimakethe zezimali emhlabeni wonke, zezimali ukuhlaziywa waqinisekisa nesidingo sokwenza ngcono kwamabhange ngokuqondene obuseduze kabusha kwezomnotho.

Kusukela ekuqaleni ukubonakaliswa esibucayi emnothweni wamazwe omhlaba, ibhange central labikezela imiphumela amambi. Kwakuthinta bazitshela ukuthi kwenzeke kuphela nge umphumela ongaqondile amanani ephakeme imithombo yezimali ku zokweboleka ezimakethe angaphandle kanye ukwehla izinsiza ze-non-izakhamuzi '. Kodwa ngisho lokhu impela umbono omuhle ekuphathweni simo emaphakathi yasebhange yethu eyenziwa nokwanda okuphawulekayo yasebhange ingozi zezimali.

Nokho, uma umonakalo ukuzinza kwamabhange akuzange kusetshenziswe kusukela ngaphandle, kwabonakala kusuka ngaphakathi isimiso sezomnotho. Isimo futhi imiphumela imisebenzi kakhulu zincike esimweni ukusebenza kuyo. kwemiphumela emibi yokuvumela obumbi emikhakheni eyehlukene umnotho, engaphansi eduze ku ubambiswano Europe, ayikwazanga kodwa kuthinta uhlelo yasebhange. Kwehliswe ivolumu amasevisi anikezwa, kwakukhona outflow eqinile kwezinsiza, anda kakhulu ingxenye imali embi, amabhange abaye bazizwa yokuntuleka zezimali. Yingaleso sikhathi, futhi lokhu sibonga ukusekelwa Central Bank wakwazi ukunciphisa imiphumela engemihle ngokuba ngamabhange.

Ngenxa yalokho, uhlelo yasebhange uye wahlupheka crisis kuqhathaniswa ngenxa kwencika encane ukutshalwa kwezimali angaphandle.

ukuhlaziya zezimali amabhange, imiphumela esibucayi emnothweni womhlaba, nezinye izinto eziningi enamathiselwe ekuthuthukiseni udaba zezimali nokuphathwa Okubaluleke ngokukhethekile.

Uma ucabangela izisekelo zalo theory esetshenziswa namuhla nemboni yamabhange, ekuqaleni kufanele kuphawulwe ukuthi iyunithi ezomnotho iyiphi ibhizinisi iyona kuthengiselana nobe ngekuhlobana ne ibhange - ukusebenza. Kulesi sisekelo, impahla ibe yimali ebhange sika ingachazwa kube inkomba yokuthi ushintsho yebhange lombuso ezingeni befeza imisebenzi yasebhange. Ngenxa yalokho, ukuphathwa zezimali ibhange sika lutho ngaphandle inhlangano imisebenzi yasebhange ngendlela ezifana ukuqinisekisa ukuthi lemali edingekayo izindlela zokukhokha ngaphakathi kwakudinga isikhathi.