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The Changing Role of Cooperatives and Credit Unions in Czech Economy

In: Credit Cooperative Institutions in European Countries

Author

Listed:
  • Magdalena Hunčová

    (J. E. Purkyně University in Ústí and Labem)

  • Martin Mikeska

    (Tomas Bata University)

Abstract

Within the Czech Republic, the history of credit unions, savings and loan co-operatives and other types of credits and mutuals was very rich till the beginning of World War II. However, these days there are only a few “credit cooperatives/credit unions” left many of which are gradually changing under the Basel European regulations and the supervision of the Czech National Bank into banking institutions.

Suggested Citation

  • Magdalena Hunčová & Martin Mikeska, 2016. "The Changing Role of Cooperatives and Credit Unions in Czech Economy," Contributions to Economics, in: Simeon Karafolas (ed.), Credit Cooperative Institutions in European Countries, pages 269-282, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-28784-3_14
    DOI: 10.1007/978-3-319-28784-3_14
    as

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