THE PROCESS OF FORMING THE PERCENT FROM THE INDICATIVE RATE FOR TRANSFER PRICING IN THE BANK
Journal Title: Міжнародний науковий журнал "Інтернаука". Серія: "Економічні науки" - Year 2018, Vol 1, Issue 1
Abstract
The article justifies the mechanism of pricing, which will promote more effective management, which in turn simplifies the analysis of the effectiveness of the banking institution, its structural units and their financial responsibility. The article is devoted to determining the probability of forecasted values of a percentage of the indicative rate, which is approved by the bank's assets and liabilities management committee on a monthly basis for each billing period. The hypothesis is confirmed that the investigated statistical series of the percentage distribution from the indicative rate satisfies the normal distribution law, for which the differential function of the percentage of the indicative rate is defined. According to the rule that the probability of rejecting a random value of a percentage of the indicative rate of a normal distribution from its mathematical expectation is no more than (at least) three sigma-for the probability of the forecast values of a percent of the indicative rate, zones of acceptable, critical and catastrophic risk are matched. With the help of the integral function of the normal distribution, the upper and lower limits of the percent of the indicative rate are set. For different crediting periods, the upper and lower limits of the percentage of the indicative rate are determined, with a probability of 0.99, which can not exceed the percentage of the upper bound of the indicative rate, and with a probability of 0.01 percent of the lower bound of the indicative rate will always be higher. The values of the intervals of interest change from the indicative rate and the base interest rate for different crediting periods corresponding to the zone of acceptable risk are obtained.
Authors and Affiliations
Dmytro Grydzhuk
Keywords
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- EP ID EP581046
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