Český finanční a účetní časopis 2010(3):63-74 | DOI: 10.18267/j.cfuc.76

A Cost Analysis for Third-Party Deposit Sales

Jan Vlachý
Ing. Jan Vlachý, Ph.D. - City University of Seattle a Fakulta informatiky a statistiky, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <vlachy@vse.cz>.

This paper strives to address the issue of distribution costs budgeting, encountered by commercial banks whose business plans presume the sale of saving accounts using third-party distribution networks. A rather intricate problem arises, jointly requiring the design of a commercially viable commission schedule and estimating its impacts on the bank's financial results, where traditional methods fail. An annotated case study illustrates an expedient and practical solution using statistical simulation.

Keywords: Financial management; Banking; Distribution costs; Statistical simulation.
JEL classification: C61, G21, M21

Published: October 1, 2010  Show citation

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Vlachý, J. (2010). A Cost Analysis for Third-Party Deposit Sales. Czech Financial and Accounting Journal, 2010(3), 63-74. doi: 10.18267/j.cfuc.76
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