出版社：Economic Laboratory for Transition Research Podgorica
摘要：The contribution aim to identify the factors influencing the level of
the interest rate in the conditions of the Slovak banking sector. The
analysis itself is carried out using a correlation and regression
analysis based on quarterly data from the database of National
Bank of Slovakia for the period from 1st quarter 2006 to the 4th
quarter of 2017. The research has been motivated by the three
research questions about the impact of the selected market and
intra-bank variables (Does the growth of market concentration lead
to a decrease in deposits interest rates? Does the interest rate on
the interbank market have a positive impact on deposits interest
rates? Does the growth of liquidity lead to a decrease in deposits
interest rates?). Based on the results of regression model we have
found out, that the increasing concentration, declining interbank
interest rate, disinflation, increasing bank capitalisation and
declining bank liquidity have a significant impact on the decline in
interest rates on deposit products under the conditions of the
Slovak banking sector. This support the Structure-conductperformance
hypothesis which states that higher market
concertation leads to less favourable pricing to customers. We have
also found out, that highly capitalised banking sector has a lower
pass-through for deposits, which means that the pricing behaviour
of this banking sector is least tied to market development. So when
the market rate decrease, the deposit rate of highly capitalised
banking sector must also decrease and this decrease must be
higher than the decrease in market rate.
