Valuation of financial institutions

The valuation of financial institutions has become increasingly important in recent years. The mergers and acquisitions of these entities, the development and interconnectedness of the financial markets and the complexity of the services offered increase the complexity of determining their fair value as a starting point for negotiating the purchase or sale price. The book is based on general valuation procedures applicable to companies and reflects the specifics of the management of individual valued entities - banks, credit unions, investment companies and funds, pension funds. It is supplemented with simple examples for a better understanding of the subject. After reading the book, the reader should be able to independently master the methodical procedure of valuation of financial institutions. The publication is intended for students of economic faculties of universities and experts and appraisers who encounter the practical valuation of financial institutions.