HES, Aleš and Petra JÍLKOVÁ. Position of Low-Cost Banks on the Financial Market in the Czech Republic. European Research Studies Journal. Pireus: International Strategic Management Association, 2016, XIX, Issue 4, p. 42–52, 10 pp. ISSN 1108-2976. Available from: https://dx.doi.org/10.35808/ersj/579.
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Basic information
Original name Position of Low-Cost Banks on the Financial Market in the Czech Republic
Name in Czech Pozice nízkonákladových bank na trhu v České republice
Authors HES, Aleš and Petra JÍLKOVÁ.
Edition European Research Studies Journal, Pireus, International Strategic Management Association, 2016, 1108-2976.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50200 5.2 Economics and Business
Country of publisher Greece
Confidentiality degree is not subject to a state or trade secret
WWW URL
Organization unit University of Finance and Administration
Doi http://dx.doi.org/10.35808/ersj/579
Keywords (in Czech) banking, innovation, financial market, small and medium-sized enterprise
Keywords in English banking, innovation, financial market, small and medium-sized enterprise
Tags POZNÁMKA
Changed by Changed by: Ing. Dominika Moravcová, učo 21787. Changed: 14/5/2020 08:20.
Abstract
In addition to insurance companies, pension funds, cooperative banks, investment companies, investment and share funds, and leasing companies, banks represent the most important segment of the financial sector with a stake of nearly 80% of total assets. The balance sum of the banking sector of the Czech Republic amounted to 5,476 billion CZK as of 1.3.2015. Innovative, low-cost players have become the latest trend on the banking market, presenting an alternative to traditional banking. They enforce a business mode of retail banking based on an internet platform. This paper defines and evaluates their activities compared to transnational companies in terms of business success and clients´ perception.
Abstract (in Czech)
In addition to insurance companies, pension funds, cooperative banks, investment companies, investment and share funds, and leasing companies, banks represent the most important segment of the financial sector with a stake of nearly 80% of total assets. The balance sum of the banking sector of the Czech Republic amounted to 5,476 billion CZK as of 1.3.2015. Innovative, low-cost players have become the latest trend on the banking market, presenting an alternative to traditional banking. They enforce a business mode of retail banking based on an internet platform. This paper defines and evaluates their activities compared to transnational companies in terms of business success and clients´ perception.
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