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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

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

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

Procedia economics and finance

ISBN

—

ISSN

2212-5671

e-ISSN

—

Počet stran výsledku

5

Strana od-do

1461-1465

Název nakladatele

Elsevier

Místo vydání

Amsterdam

Místo konání akce

Prague, CZECH REPUBLIC

Datum konání akce

29. 10. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000360103600220