Comparison of banking systems in South Africa and the Czech Republic

Anežka Drašnarová

Bachelor's thesis

Abstract:

The aim of this thesis is to compare banking systems of two countries, namely South Africa and the Czech Republic. Main focus is on two important parts of banking. First, central banking through monetary policies, monetary aggregates and independence of central banks in each country and also money exchange rate as well as interest rates and inflation. Evaluation of this part is based on research and comparison of objectives, tools and others what central banks can control and operate. The results, based on correlation analysis and researches, show quite a lot similarities in term of monetary policies and differences in rates mentioned above.The second part is about the commercial banking which provides services to public. In evaluation of this section, through the regression and the correlation analysis, can be found comparison of financial markets and also comparison of two largest commercial banks (one from each country) based mostly on the ratios. There are big differences in number of commercial banks in the markets of particular countries. There are less commercial banks in South Africa they generate higher income in terms of ratios according to results of this part.

Keywords

South Africa, The Czech Republic, Central bank, Interest rates, Inflaton, Monetary policy, Commercial banks, Financial market, Comparison, Banking

Language used: English

Date on which the thesis was submitted / produced: 15. 3. 2017

Thesis defence

• Supervisor: Ing. Petr Procházka, MSc Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme / field:
Economics and Management / Economics and Management