The latest case of information asymmetry issue on the retail core banking services market in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F15%3A50002961" target="_blank" >RIV/62690094:18450/15:50002961 - isvavai.cz</a>
Result on the web
<a href="http://www.sciencedirect.com/science/article/pii/S2212567115004839/pdf?md5=853119c924d49a4b0c8b45ee251cfa2e&pid=1-s2.0-S2212567115004839-main.pdf" target="_blank" >http://www.sciencedirect.com/science/article/pii/S2212567115004839/pdf?md5=853119c924d49a4b0c8b45ee251cfa2e&pid=1-s2.0-S2212567115004839-main.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/S2212-5671(15)00483-9" target="_blank" >10.1016/S2212-5671(15)00483-9</a>

Result language
angličtina
Original language name
The latest case of information asymmetry issue on the retail core banking services market in the Czech Republic
Original language description
The paper is focused on the latest information asymmetry issue in the Czech Republic on the retail banking services market. The problem considers credit union (savings cooperative) business that seemed stable after the problematic restructure 10 years ago. But during this January the payment from Deposit Insurance Fund of the Czech Republic had to compensate the consumers of the MSD credit union. This subject provided services with higher interest rates even during the last years of technically zero interest rate of the central bank. A question information asymmetry and the moral hazard arose again. All that is written in famous study for European central bank by Vesala et Gropp supporting the explicit deposit insurance system is correct but the conditions has partially changed. Credit unions try to compete with banks undertaking a higher level of credit risk but still being within Basel II accords. The paper is considering the question of the future development - to try to compete wit
Czech name
—
Czech description
—

Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)