Outsourcing - a tool for increasing the competitiveness of Czech banks

Abstract

About the competitiveness of the Czech banking system can we talk from the first decade of the 21 century. The decisive factor may be considered the entry of foreign strategic investors in Czech banks and consolidation of banking regulation and supervision. It also created space for greater use of outsourcing increases competition in the banking system. Relatively tight control of outsourcing external use and the formation of banking groups have contributed to the fact that banks have begun to focus primarily on the so-called internal outsourcing, also called onsourcingem. This not only gives the opportunity to avoid regulation and supervision, but also brings high synergy effects, which remain within the group. On the other hand, a high proportion of foreign capital raises questions about the readiness of banks to help the growth and competitiveness of the Czech economy. The law level of the promoting competitiveness index demonstrates it. At the same time as the result of calculating the Herfindahl-Hirschman index of competition (HHIK) by banking groups shows that even the level of competition within the banking system rather promotes oligopolistic nature of its operation.

У статті наголошується на застосуванні аутсорсингу конкуренції з метою зростання банківської системи, що не тільки дасть можливість уникнути регулювання та нагляду, а й принесе високий ефект синергії. При цьому висока частка іноземного капіталу викликає питання про готовність банків допомогти зростанню конкурентоспроможності чеської економіки.