Franklin

Czech Republic [electronic resource] : Technical Note on Selected Issues on the Credit Union Sector.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 2012.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 12/176.
IMF Staff Country Reports; Country Report No. 12/176
Format/Description:
Government document
Book
1 online resource (28 p.)
Local subjects:
Bank board.
Bank borrowers.
Bank branches.
Bank deposits.
Bank guarantees.
Bank supervision.
Banking.
Banking assets.
Banking business.
Banking license.
Banking sector.
Banks.
Banks with assets.
Capital adequacy.
Capital adequacy ratio.
Capital base.
Capital requirement.
Cash flows.
Checks.
Clients.
Collateral.
Counterparty.
Credit.
Credit risk management.
Credit union.
Credit unions.
Deposit insurance.
Deposit insurance coverage.
External auditor.
Financial Sector Assessment Program.
Foreign exchange.
Internal audit.
Internal control.
Level playing field.
National bank.
Nominal capital.
Nonbank financial sector.
Nonperforming loan.
Payment system.
Payments.
Penalties.
Prices.
Refinancing.
Retained earnings.
Risk management.
Security of loans.
Selected issues.
Settlement system.
Share capital.
Shareholders.
Shares.
Subordinated debt.
Third parties.
Tier 1 capital.
Czech Republic.
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.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1475506228:
9781475506228
ISSN:
1934-7685
Publisher Number:
10.5089/9781475506228.002
Access Restriction:
Restricted for use by site license.
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