Using Monte Carlo for the Assessment of a Brokered Bank Deposit Business

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F13%3A%230000394" target="_blank" >RIV/26138077:_____/13:#0000394 - isvavai.cz</a>

Result on the web

<a href="http://fai.econ.muni.cz/2013/2/40" target="_blank" >http://fai.econ.muni.cz/2013/2/40</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.5817/FAI2013-2-4" target="_blank" >10.5817/FAI2013-2-4</a>

Result language

angličtina

Original language name

Using Monte Carlo for the Assessment of a Brokered Bank Deposit Business

Original language description

This paper addresses the issue of a cost-benefit analysis when considering the use of third-party distribution channels for saving accounts. Whilst static budgeting methods seem to be generally appropriate for conventional banking projects based on branching or internet, they provide grossly misleading estimates of commissioning expenses, which can lead to completely unrealistic project assessment and poorly designed commission schedules. Using a case study based on actual project experience in the Czech Republic, the author applies a numerical statistical simulation model serving as a potent tool for strategic decision-making as well as business negotiation.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2013

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Financial Assets and Investing

ISSN

1804-5081

e-ISSN

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Volume of the periodical

4

Issue of the periodical within the volume

2

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

10

Pages from-to

43-52

UT code for WoS article

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EID of the result in the Scopus database

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