Contemporary crisis and strategic management of the private banking sector in the Czech Republic Cover Image

Contemporary crisis and strategic management of the private banking sector in the Czech Republic
Contemporary crisis and strategic management of the private banking sector in the Czech Republic

Author(s): Jan Matoušek, Miroslav Mareš
Subject(s): Business Economy / Management, Financial Markets
Published by: Masarykova univerzita
Keywords: financial crisis; banking;
Summary/Abstract: This paper analyses reaction of the Czech private banking sector to the financial crisis. The change of management strategies towards external as well as internal financial market threats is described. Specific attention is paid to the role of the Czech Banking Association, including its communication strategies with individual private banks, with the governmental sector and with foreign partners. The impact of the CBA on the stability of the finance market in the Czech Republic is assessed.