|
|
Financing of the Export Contract
Gazdaricová, Jana ; Mlejnek, Milan (referee) ; Zeman, Václav (advisor)
This thesis deals with the possibilities of financing export contract in the company. The theoretical part provides an insight into the opportunities that companies currently have in financing their activities. There is an overview of the various forms of internal and external financing and their basic characteristics. The practical part is focused on a specific business case and options for financing various parts of the contract. The conclusion provides a comprehensive overview of the variations, their comparisons and recommendations of the best one from the complex perspective.
|
|
|
Structure and trends of export financing of the Czech companies
Šiková, Marie ; Němečková, Iveta (advisor) ; Tročil, Jan (referee)
The aim of this diploma thesis is to analyze the structure and trends of financial instruments used in international business operations in the Czech Republic on the example of Československá obchodní banka, a.s. and Export Guarantee and Insurance Corporation and subsequently to evaluate what services in this area offers to their clients on the Czech market. This analysis then draws conclusions and recommendations for improving the offer of banking products and services of these chosen financial companies.
|
|
|
The impact of Basel III on trade finance
Malešová, Jana ; Teplý, Petr (advisor) ; Žigraiová, Diana (referee)
The thesis focuses on the impact of the banking regulation Basel III on bank-intermediated trade finance. The theoretical part of the thesis explains details of Basel III requirements, history of Basel Accords and their future in the form of Basel IV, characteristics of trade finance products and of the whole industry. Trade finance industry voiced worries about the negative effect that these new requirements might have on trade finance business. The thesis estimates determinants of bank-intermediated trade finance and includes a regulatory variable. We use trade finance data from the Czech Republic and Hong Kong in 2000−2014 and from India in 2007−2014. A negative effect of Basel III on trade finance growth is found using pooled OLS regression. Contrary to previous research, we also estimate a negative coefficient of banks' capital to assets ratios. To the best of our knowledge, the thesis provides the first empirical analysis of the impact of Basel III on trade finance. Trade finance research usually focuses more on the relationship of trade finance and trade flows and the thesis provides an extensive literature summary of this topic. The final part of the thesis contrasts different levels of risk of trade finance and shows that the imputed low-riskiness does not apply to the Czech data.
|
|
|
Exporting financing of Czech companies in the current economic situation of 2012
Pěchová, Hana ; Mejstřík, Michal (advisor) ; Luňáčková, Petra (referee)
The master thesis shows how important is the promotion of export for the economy of the Czech Republic in the present time of economic uncertainty and in front of such threats it now stands. I show in individual chapters of this study, that it is necessary to allow for availability of export credits for Czech exporters, because these may also help to achieve the objectives of the new Czech export strategy. Then I present methods of state aid, two Czech export agencies. And by using gravity model and subsequent analysis I show, that it is socially advantageous to support these agencie, since the positive impact of this support can also be expected as an increase in employment, GDP growth and increased income to the state budget through taxes. Furthermore, I introduce the leader to the threat posed to export financing in Europe by the regulatory requirements of the newly introduced Basel III banking regulation - not just capital requirements, but also the newly introduced leverage ratio. Econometric model empirically confirms the hypothesis, that Basel III will have a negative impact on the availability and price of export credits. On the contrary, according to the conclusions of this model I cannot assume that this regulation significantly influences the Czech export credit institutions.
|
|
|
Financing of the Export Contract
Gazdaricová, Jana ; Mlejnek, Milan (referee) ; Zeman, Václav (advisor)
This thesis deals with the possibilities of financing export contract in the company. The theoretical part provides an insight into the opportunities that companies currently have in financing their activities. There is an overview of the various forms of internal and external financing and their basic characteristics. The practical part is focused on a specific business case and options for financing various parts of the contract. The conclusion provides a comprehensive overview of the variations, their comparisons and recommendations of the best one from the complex perspective.
|
|
|
Export financing of complete industrial plants trade with state support
Šebesta, Ondřej ; Čajka, Radek (advisor) ; Taušer, Josef (referee)
The thesis deals with the financing of complete industrial plants exports with state support. The author is initially engaged in Export Strategy of the Czech Republic with an emphasis on companies founded by the state in order to support exports. Legislation in this field follows. The greatest emphasis is placed on methods of medium- and long-term export financing. One part of the thesis is a case study illustrating the possible practical way of financing export transactions.
|
|
| |
|
|
Financing of medium-term export credits
Ulrych, Petr ; Černohlávková, Eva (advisor) ; Křenková, Eva (referee)
Bachelor's work entitled Financing of medium-term export credits focuses in the first part on the theoretical definition and characteristic of the issue of medium-term export financing. There are then introduced the risks that you can meet in the area of export financing. In the second part it is also explained the system of state support for exports and the role of the export credit agencies in the Czech Republic -- Česká exportní banka, a.s. and Exportní garanční a pojišťovací společnost, a.s. In the third part there are characterised individual products of medium-term export financing and defined their positives and negatives.
|
|
|
Comparison of conditions of export financing between the Czech Republic and a selected countrie on the example of project financing
Bobuská, Natálie ; Čajka, Radek (advisor) ; Trojanová, Kamila (referee)
The aim of the thesis is to compare the conditions and procedures for granting export project financing between the Czech Republic and Sweden. The theoretical part includes three chapters. In the first chapter, I explain the nature and structure of the project finance. In the second chapter, I analyze the institutions providing export financing in the Czech Republic and their financial products that can be applied in this case. In the third chapter, I analogously analyze the system of export financing in Sweden. In the practical part, I show on the imaginary business case how the export project finance is realized by Czech export credit institution (CEB) on one side and the Swedish export credit institution(SEK) on the other. In conclusion, I summarize the similarities and differences resulted from the performed comparison.
|
|
|
Risk management of export financing
Pavlatovská, Lucie ; Hnilica, Jiří (advisor) ; Karel, Petr (referee)
The aim of the diploma thesis is to propose and evaluate the political and credit risks management associated with the export of medical equipment to countries outside the European Union, including the short and long term analysis of financing options. Alternative solutions are based on well-known approaches of state organizations, which are experienced with the issue and commercial solutions offered by London Market in cooperation with the London insurance market. The main output is comparison of the proposed solutions and evaluation of the optimal solution according to the established criteria by Czech exporter.
|
guest ::
