Czech Republic : Technical Note on Selected Issues on the Credit Union Sector

Publication Date: July 17, 2012
Electronic Access: Free Full text (PDF file size is 573KB).
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Summary: This technical note focuses on selected issues on the credit union (CU) sector in the Czech Republic. The business models of CUs in the Czech Republic are fundamentally different from traditional CUs that are typically non-for-profit cooperatives operated for the benefit of a defined set of members. The paper highlights that there is a need to restructure the CU sector, aimed at striking a delicate balance between minimizing financial and supervisory risks arising from the sector while recognizing the social role of prudently managed CUs.
Series: Country Report No. 12/176
Subject(s): Bank supervision | Banks | Credit | Financial Sector Assessment Program | Nonbank financial sector | Risk management | Selected issues

Publication Date: July 17, 2012
ISBN/ISSN: 9781475506228/1934-7685 Format: Paper
Stock No: 1CZEEA2012006 Pages: 28
US$18.00 (Academic Rate:
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