Building Societies in Low Interest Rate Environment
|Author:||Bc. Petr Hanzlík|
|Year:||2016 - summer|
|Leaders:|| Mgr. Hana Džmuráňová
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||The aim of this thesis is to analyse the impact of low interest rate environment in the Czech Republic in
recent years on the sector of building societies as a specific segment of the financial market. First part of
the thesis consists of description of main characteristics of building savings and building societies, e.g.
their historical development, with special focus on main types of risk the building societies face. In the
second part the impact of changing market interest rate on outstanding volumes of deposits in building
societies is analysed. The analysis is conducted through simple time series models estimated by OLS.
Final part includes comparison of demand for building savings loans with demand for mortgages as well
as consideration of the development of profitability of the sector of building societies in recent years.