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Czech Banking Sector Strongly Influenced by Foreign Banks

Published: November 9, 2013; 16:32 · (Vindobona)

The EBRD has published the “Banking Environment Performance Survey”. Foreign parent banks exert a strong influence on their subsidiaries.

Czech Banking Sector Strongly Influenced by Foreign Banks / Picture: © Flickr

“The bank branch landscape of the Czech Republic is similar to its neighbors with respect to the prevalence of localities serviced by foreign-owned banks, mainly from Western Europe. When questioned about competitors in 2011, respondent banks identified foreign-owned banks as strong competitors in lending to retail, small and medium-sized enterprise (SME) and large…

This article includes a total of 318 words.

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