|
|
Credit risk management from the perspective of banks and credit unions
Jeřábek, Michal ; Málek, Jiří (advisor) ; Matejašák, Milan (referee)
This thesis deals with the comparison of banks and credit unions with a focus on the comparison in terms of access to credit risk management. Both institutions are analyzed on the basis of aggregated data within the Czech financial market, capital adequacy, liquidity, asset quality of the loan portfolio and other key indicators of solvency and financial stability. In the final part of the thesis, there are analyzed the causes of failure of these credit unions: "Metropolitní spořitelní družstvo", "UNIBON -- spořitelní a úvěrní družstvo" and "WPB Capital, spořitelní družstvo".
|
|
|
Credit risk of central bank foreign exchange operations
Vlazneva, Anna ; Brůna, Karel (advisor) ; Skoupil, Lubomír (referee)
The current thesis titled "Credit risk of central bank foreign exchange operations" aims to explain the concept of credit risk and its types from theoretical perspective and to define sources of credit risk that are specific for central banks and which arise from central bank's operations. It also aims at the analysis of possible methods of credit risk limitation. The practical part of this thesis is dedicated to the study of specific sources of credit risk as well as methods of credit risk management which are presented on the examples of the central banks of Great Britain, Japan and the European central bank. Closer attention is also paid to the response of these central banks to the 2008 financial crisis and the impact that this crisis had on the extent of their exposure to credit risk.
|
|
|
External audit of commercial banks in the Czech Republic
Ágošton, Peter ; Teplý, Petr (advisor) ; Rybák, Zdeněk (referee)
This master thesis deals with the area of commercial bank's external audit in the Czech Republic. Its main goal is to highlight the different techniques and specific procedures which are used during statutory audit of commercial bank. Another goal of this master thesis is to investigate of a linear dependence between count of changes of auditors and selected commercial bank's performance indicators. In the first part we could find a general framework of the external audit with emphasis on legal aspects. The second part describes differences between bank and non-banking institution. The third part of this master thesis deals with a description of audit phases with emphasis on the interim audit phase at which the author of this master thesis was a part of audit providing team. The final part investigates the linear dependence between count of changes of auditors and selected commercial bank's performance indicators.
|
|
| |
|
|
Risk of electricity trading and possible methods of hedging
Garšicová, Beata ; Brůna, Karel (advisor) ; Skoupil, Lubomír (referee)
This master thesis deals with the risks of electricity trading, as well as its monitoring and hedging. The goal is the credit risk assessment of the electricity traders from bank or other financial institution perspective. The theoretical part describes the market itself including current liberalization process and the principles of electricity trading. Further there is a description of potential risks and the examples of possible hedging using derivatives. The practical part identifies the main risks of a concrete example of an electricity trader and quantifies the expected loss from the creditor perspective using the examples of two financial markets products.
|
|
|
Credit Risk in International Business and Credit Management
Tobrmanová, Jana ; Taušer, Josef (advisor) ; Pavlík, Zdeněk (referee)
The main objective is to analyze various possibilities in credit risk management from a perspective of a domestic company dealing mainly with foreign customers. The thesis contains both theoretical and practical part and includes general characteristics of risk and different types of risk in international business. It puts emphasis on credit risk, its origin and types of credit defaults. Furthermore there are included various methods used for counterparty risk estimation, credit risk valuation anf its elimination in form of setting up credit limits based of rating agencies recommendations or financial analysis, choise of relevant payment terms etc. The thesis contains several classic and multifactor models used in credit analysis. Main topic is credit risk management and methods for the risk elimination such as factoring,forfaiting, guarantees, collaterals or insurance. The last part demonstrates a practical case using the knowledge from the theoretical parts.
|
|
|
Collateral use for financial derivatives
Nguyenová, Le Ha ; Baran, Jaroslav (advisor) ; Málek, Jiří (referee)
The bachelor thesis focuses on the topic of "Collateral use for financial derivatives". Collateral is used as a tool to mitigate credit risk in the financial derivatives contracts. The aim of this thesis is to analyze advantage and disadvantage of using the collateral, to describe different types of assets accepted and provided as the collateral and to explain the process called magrin call. The importance of using the collateral effectively depends on the well-negotiated contracts (the ISDA Master Agreement, CSD) and on the collateral management.
|
|
|
Monetary Conditions and Banks’ Behaviour in the Czech Republic
Geršl, Adam ; Jakubík, Petr ; Kowalczyk, Dorota ; Ongena, Steven ; Alcalde, José-Luis Peydró
This paper examines the impact of monetary conditions on the risk-taking behaviour of banks in the Czech Republic by analysing the comprehensive credit register of the Czech National Bank. Our duration analysis indicates that expansionary monetary conditions promote risk-taking among banks. At the same time, a lower interest rate during the life of a loan reduces its riskiness. While seeking to assess the association between banks’ appetite for risk and the short-term interest rate we answer a set of questions related to the difference between higher liquidity versus credit risk and the effect of the policy rate conditioned on bank and borrower characteristics.
Fulltext:  PDF
|
|
|
Syndicated loans and their development between 2007 - 2011
Klimša, Petr ; Dvořák, Petr (advisor) ; Janda, Karel (referee)
This diploma thesis focuses on syndicated loans. It analyzes mostly the development of syndicated loans during last years from different points of view. Special attention is given to the syndicated loan market in Europe and USA. At the beginning of this paper, it is proved, that syndicated loans are important source of corporate financing. Most important characteristics of syndicated loans are mentioned after that. The chapter three deals with pricing of syndicated loans in the theoretical way. Next chapter concerns with trading of syndicated loans in secundary market in the USA. After that, syndicated loans are given to the relevance to credit derivates. Next chapter analyzes different asspects of the development of syndicated loans during last years. The chapter seven empirically proves the impact of financial crisis on syndicated loans market. There is also a comparison of spreads on syndicated loans market in Europe and USA. Last chapter focuses on the relationship between syndicated loans and GDP.
|
|
|
Analysis of the effect of credit rating
Svatková, Eliška ; Havlíček, David (advisor) ; Stádník, Bohumil (referee)
This bachelor work doesn't deal with only theoretical explanation of terms, but also issues with credit rating agencies inherently linked. The first five chapters are dedicated to theoretical concepts of history and credit rating agencies. The sixth chapter explains some of the factors that affected increasing the rating mark of the ČR. The conclusion can be found regression analysis investigating the effect of a credit rating to the bond risk premium of the czehc government bond. The last chapter is dedicated to a questionnaire survey which aimed to find out how it is currently viewed by the public and bankers who work in banks in the ČR.
|
guest ::
