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Systém pojištění vkladů v České republice: historie, současný stav a porovnání s Evropskou unií
[The deposit guarantee-scheme in the Czech republic: history, status quo and comparison with the european system]

Author

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  • Jiří Hlaváček

Abstract

Czech laws on Deposit Guarantee-Schemes are characterized. It is described history of rise of the Czech Deposit Insurance Fund and dynamics of its basic characteristics. Czech deposit guarantee system is compared with the European system and with the European Directive on Deposit Guarantee-Schemes. It is calculated the effective rate of "taxation" by the compulsory payment to Czech Deposit Insurance Fund, which is (because of the very low interest rates in the Czech Republic) extremely high (about 30-40 %). Recommendations: 1) discard the audited firms from the Deposit Guarantee-Scheme and 2) decrease the amounts compulsorily paid by banks for deposits of small clients (deposits of households).

Suggested Citation

  • Jiří Hlaváček, 2007. "Systém pojištění vkladů v České republice: historie, současný stav a porovnání s Evropskou unií [The deposit guarantee-scheme in the Czech republic: history, status quo and comparison with the european system]," Politická ekonomie, Prague University of Economics and Business, vol. 2007(4), pages 458-472.
    • Handle: RePEc:prg:jnlpol:v:2007:y:2007:i:4:id:608:p:458-472
    DOI: 10.18267/j.polek.608
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    References listed on IDEAS

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    1. Cull, Robert, 1998. "How deposit insurance affects financial depth : a cross-country analysis," Policy Research Working Paper Series 1875, The World Bank.
    2. Karel Janda, 2003. "Credit guarantees in a credit market with adverse selection," Prague Economic Papers, Prague University of Economics and Business, vol. 2003(4), pages 331-349.
    3. Jan Frait, 2002. "Morální hazard a výstup z bankovního sektoru," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 52(3), pages 102-104, March.
    4. Gropp, R. & Vesala, J., 2001. "Deposit Insurance and Moral Hazard: Does the Counterfactual Matter?," Papers 47, Quebec a Montreal - Recherche en gestion.
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    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General

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