Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/29576
Title: Position of low-cost banks on the financial market in the Czech Republic
Authors: Hes, Ales
Jilkova, Petra
Keywords: Banks and banking -- Czech Republic
Small business -- Czech Republic
Finance -- Czech Republic
Electronic commerce -- Czech Republic
Issue Date: 2016
Publisher: University of Piraeus. International Strategic Management Association
Citation: Hes, A., & Jilkova, P. (2016). Position of low-cost banks on the financial market in the Czech Republic. European Research Studies Journal, 19(4), 42-52.
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.
URI: https://www.um.edu.mt/library/oar//handle/123456789/29576
Appears in Collections:European Research Studies Journal, Volume 19, Issue 4

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