Analysis of the Development and Risks in Building Savings in the Czech Republic

Analýza vývoje a rizik stavebního spoření v České republice

Pavel Řežábek

Český finanční a účetní časopis, 2011, vol. 2011, issue 3, 32-46

Abstract: The article addresses contractual savings for housing, which form in terms of volume of funds a significant part of the financial market in the Czech Republic. Building savings in the Czech Republic are based on an institutional scheme with government support. It constitutes a closed system with respect to deposits and loans. The key parameter is the government support, which has a major influence on the high attractiveness of building savings as a mean of deposit. Lower attractiveness due to forthcoming changes and the related loss of short term deposits, could lead to an increased liquidity risk stemming from maturity mismatch between assets and liabilities of building societies.

Keywords: Financial stability; Building savings; Building society; Government support; Finanční stabilita; Stavební spoření; Stavební spořitelny; Státní podpora (search for similar items in EconPapers)
JEL-codes: G21 G28 (search for similar items in EconPapers)
Date: 2011
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DOI: 10.18267/j.cfuc.114

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