J 2016

Position of Low-Cost Banks on the Financial Market in the Czech Republic

HES, Aleš and Petra JÍLKOVÁ

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

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Greece

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

Organization unit

University of Finance and Administration

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

Změněno: 14/5/2020 08:20, Ing. Dominika Moravcová

Abstract

V originále

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.

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.