Restructuring of the Czech Banking Sector – Influence of Mergers on Selected Financial Indicators Cover Image

Restructuring of the Czech Banking Sector – Influence of Mergers on Selected Financial Indicators
Restructuring of the Czech Banking Sector – Influence of Mergers on Selected Financial Indicators

Author(s): Jaroslav Sedláček, Petr Valouch, Zuzana Křížová, Eva Hýblová, Alois Konečný
Subject(s): Business Economy / Management, Economic policy, Financial Markets
Published by: Masarykova univerzita
Keywords: banking sector; restructuring; mergers and acquisition; regression and correlation analyses;
Summary/Abstract: Transformation of the Czech banking sector to market conditions was finished by a privatization of large banks in years 1998–2001. Banks with problems stopped their activities and new banks quickly adapted to the new conditions. The banking sector stabilized and a gradual restructuring of the sector followed, adequate to the needs of the developing economy. A typical feature of the restructuring was the increasing share of foreign companies in the Czech banking market by means of acquisitions and mergers.