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The Czech National Bank - legal status and activities
Konečný, Jiří ; Bakeš, Milan (advisor) ; Karfík, Zdeněk (referee)
CZECH NATIONAL BANK - LEGAL STATUS AND CONTENT OF ATIVITIES Diploma paper First chapter is called The Introduction. This chapter describes the filling of my diploma paper. There is also short outline of tranformation from statism to free economy in our history. This transformation affects our banking system significantly. Second chapter defines what the banking system is. It consists of banking institutions and relations between these institutions. That`s why the banking system has two components - institutional component and functional component. Institutional component of banking system implies every single bank. Functional component of banking system comprises arrangement of all relations between banking institutions. It is proper to make differences among single stage, two stage and three stage banking systems. Central bank has different position and legal powers in each of these systems. There is short mention about czech banking system too. Third chapter is called The Beginning and Development of Central banks. This chapter describes main reasons, that causes establishing Central banks in market oriented economies. Central banks were established later than trading banks and in some states they were even transformed from trading banks. Part of this chapter is also the development of Central bank in our...

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