Comparative Study of Banking Sector in Republic of Moldova and Czech Republic
Comparative Study of Banking Sector in Republic of Moldova and Czech Republic

Author(s): Irina Frunza
Subject(s): National Economy, Economic policy, Economic development, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: banking system; financial indicators; efficiency; banks; Moldova; Czech Republic;
Summary/Abstract: The paper deals with the factors affecting the development of the Moldovan banking system and what experience can Moldova take from Czech Republic to meet the standards of EU integration. In this meaning, was evaluated the situation in the sector compared to the banking system from Czech Republic, based on series of conventional indicators. The result explain the causes of high cost of credit, high levels of inefficiency and the systemic weaknesses, as well as other major factors hindering dynamic development of the banking sector. The experience of the Czech Republic as an EU Member State, is useful for Moldova in terms of transformation of the banking sector into a competitive and functional, which meets the requirements of the post-transformation economy and meet the EU accession standards. Research results highlight the main features of the banking system and solutions for a stable banking system with high performance.

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