2016
Position of Low-Cost Banks on the Financial Market in the Czech Republic
HES, Aleš and Petra JÍLKOVÁBasic 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
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
References:
Organization unit
University of Finance and Administration
EID Scopus
2-s2.0-84991051943
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
Changed: 14/5/2020 08:20, Ing. Dominika Moravcová
In the original language
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.