Crisis Management of Banks in the Context of Financial Crisis Cover Image

Crisis Management of Banks in the Context of Financial Crisis
Crisis Management of Banks in the Context of Financial Crisis

Author(s): Mária Klímková, Martin Vovk
Subject(s): Business Economy / Management, Evaluation research, Financial Markets
Published by: Masarykova univerzita
Keywords: management of commercial bank; crisis management of bank; financial crisis; EU supervision;
Summary/Abstract: The aim of the paper is an analysis of impacts of the existing financial crisis on the management of a commercial bank. The present financial crisis has drawn attention to the fact that there was not created a system of management of financial institutions for the crisis period and only few rules and measures which should be applied in the case of emergency of a bank crisis were made. The absence of effective instruments to manage institutions in the period of crisis often resulted in the necessity of using public means to restore confidence in the banking sector to prevent even higher negative impacts on the real economy.