98
Figure 25: Navigator results for the CZK 100,000 credit model with a five-year maturity term (responsible lenders) 10.0
10.0 10.0
9.7
9.7
9.6
9.4
9.3
9.1
8.0
9.0
8.8
8.8
8.8
8.5
8.5
8.5
8.5
8.2
6.0
6.8
4.0
Source: Author
CR
FI
ES
PR
CO
UC
LB
Ex-ante post credit parameters
S
B HC KB
BW
T
GE
CE
BA
M Potential lender
ČS
SB
NK
OB
TI
ČS
CI
RB
no
Zu
0.0
AB OB ER
2.0
Ex-post credit parameters
ble 12 imply that, like in the case of the CZK 30,000 credit, the providers of the CZK 100,000 credit can be divided into two groups: responsible lenders with results > 5.0 and loan sharks with results < 4.99. In this CZK 100,000 credit category, the highest value was reached, again, by Raiffeisenbank together with ZUNO (10.0) followed by Air Bank and Oberbank with a Navigator value of 9.7 and Citibank (9.6). Like in the case of the CZK 30,000 credit, the differences among the banks and non-banks are due, in particular, to the different levels of the total amount and the APR. Again, lower results were obtained by CLFA members, primarily due to lower values of the sub-criterion of ex-post credit parameters and to a higher APR. The remaining 22 entities are far below average (< 2.1) and as such they are potentially risky for the client (Table 20). Figure 26 shows clearly the different APRs for the entities under review. Again, there is some heterogeneity among the banking entities, which is due to the oligopolisation of the Czech banking market, as discussed above, and the low flexibility of Czech clients. Nevertheless, APR differences are much smaller in the case of the CZK 100,000 credit: the APR of 9.3% offered by Air Bank on the CZK 100,000 credit is “only” twice lower than that charged by the ČS or LBBW.
Ukázka elektronické knihy, UID: KOS246013