Banking

Zobrazit stránku: Česky

Following privatisation, the banking industry in the Czech Republic has become a performing and profitable business, playing a key role in the development of the Czech economy. Although the banking industry is now relatively concentrated (five major players represent 90% of the market), further consolidation is possible, particularly depending on the mergers and acquisitions taking place outside of the country.


Industry Issues

  • Basel II (The 2007 deadline requires immediate steps.)
  • Introduction of IFRS - in particular IAS 39 will have a major impact on credit risk management
  • Development of new retail banking products
  • Prevention of money laundering
  • Introduction of the Euro in the Czech Republic (expected in 2010)
  • Further consolidation of the banking market

Industry-specific services

  • Assistance with cost-fee ratio issues - profit maximisation
  • Basel II advisory and implementation services
  • Money laundering prevention, fraud investigation and forensic accounting
  • Debt recovery services for lenders
  • Financial regulatory advice and compliance
  • Efficient tax recapitalisation and balance sheet restructuring
  • Development of tax-efficient retail and commercial products
    (eg. cash pooling, financial derivatives) and financial arrangements (eg. leasing, factoring)
  • Optimisation of provisions and reserves resulting from the change of accounting and tax rules
  • Finance structuring - local and international group financing via subordinated debts, profit participating loans, hybrid financing, and analysis of transactions with securities and shareholdings.
  • Tax and legal reviews of financial instruments (e.g. derivatives, hedging, syndicated loans, securities and life insurance products)

Related Publications


Online resources