Basic information of active liabilities

The financial management of western commercial banks has gone through three stages: asset management, liability management and joint asset-liability management. Both the liability management stage and the asset-liability joint management stage require the use of managed liabilities. These managed liabilities are also called active liabilities, because they are completely different from the traditional form of liabilities-deposits. The traditional deposit is the interest rate set by the bank, and the depositor decides the deposit period and amount by himself, so the deposit is also called passive liability. Active liabilities have three distinct characteristics: first, banks can independently agree on the amount, term and interest rate level of liabilities; second, banks can independently decide whether to introduce liabilities; third, banks need to directly and basically conduct marketing one by one. With the development of financial market, active debt has become an important source of funds for commercial banks and a key means of effective financial management for commercial banks.