Czech Republic: Technical Note on Selected Issues on the Credit Union Sector
July 17, 2012
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
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.
Subject: Banking, Capital adequacy requirements, Credit, Credit bureaus, Financial institutions, Financial markets, Financial regulation and supervision, Loans, Money, Nonperforming loans
Keywords: asset, asset base, bank, banking assets, Capital adequacy requirements, client deposit, CNB, CNB rule, CR, Credit, Credit bureaus, CU sector, CUs, financial condition, inspection finding, ISCR, liquidity window, loan, loan portfolio, loan ratio, Loans, Nonperforming loans, operating income, supervisory scope
Pages:
28
Volume:
2012
DOI:
Issue:
176
Series:
Country Report No. 2012/176
Stock No:
1CZEEA2012006
ISBN:
9781475506228
ISSN:
1934-7685
