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Banking Regulation in Czechoslovakia 1918-1938

Author

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  • Ondøej Kopecký

Abstract

The article surveys the establishment of a legislative framework providing for banking regulation in Czechoslovakia during 1918?1938. The state intervened in bank sanitation twice during economic recessions in the early 1920s and 1930s. The shocks resulted in the adoption of banking laws to strengthen the stability of the banking sector. The laws interfered with the internal organization of banks, compelled personal responsibility on the part of bank management, protected creditors, and supported inexpensive credit. The Ministry of Finance supervised and pursued licence policies. Other control activities were delegated to autonomous professional institutions. The article goes into great detail in describing the development of the areas mentioned above, and concludes in presenting an estimate of state assistance related to sanitation waves.

Suggested Citation

  • Ondøej Kopecký, 2001. "Banking Regulation in Czechoslovakia 1918-1938," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 51(5), pages 298-302, May.
    • Handle: RePEc:fau:fauart:v:51:y:2001:i:4:p:298-302
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    More about this item

    Keywords

    bank; bank regulation; bank law; Czechoslovakia 1918-1938;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-

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