IDEAS home Printed from https://ideas.repec.org/p/fau/wpaper/wp2006_26.html
   My bibliography  Save this paper

Pojištení vkladu: soucasný stav, srovnání a perspektiva v kontextu EU / Credit Insurance: EU context [available in Czech only]

Author

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) legislatively prevent politics from controlling the (private) financial funds in the system, 2) discard the audited firms from the Deposit Guarantee-Scheme and 3) decrease the amounts compulsorily paid by banks for deposits of small clients (deposits of households).

Suggested Citation

  • Jiří Hlavácek, 2006. "Pojištení vkladu: soucasný stav, srovnání a perspektiva v kontextu EU / Credit Insurance: EU context [available in Czech only]," Working Papers IES 2006/26, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Sep 2006.
    • Handle: RePEc:fau:wpaper:wp2006_26
    as

    Download full text from publisher

    File URL: http://ies.fsv.cuni.cz/default/file/download/id/4489
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Deposit Insurance; the Czech Deposit Insurance Fund; the European Directive on Deposit Guarantee-Schemes;
    All these keywords.

    JEL classification:

    • E53 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Deposit Insurance
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fau:wpaper:wp2006_26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Natalie Svarcova (email available below). General contact details of provider: https://edirc.repec.org/data/icunicz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.