Mathematical Model of Banking Firm as Tool for Analysis, Management and Learning

The approach to mathematical modeling of cash flow accounts in assets and liabilities of the commercial bank based on the partial differential equations is novel and has no analogues in the literature. At the same time, the given approach is quite logic as reflects process of change of actives simultaneously in time and on "age". Depending on concrete theoretical or practical problems the given approach can be realized in the various modifications, two of which are presented in this paper.