DOI: 10.5937/jaes14-10064
This is an open access article distributed under the CC BY-NC-ND 4.0 terms and conditions.
Volume 14 article 369 pages: 169-178
New members
joining the European
Union, happily coincided
with the economic
rise worldwide. The investment
industry has positioned itself at the
time of European expansion in the emerging markets. Extended European capital
market, preceded by a long period of preparation of the new members, in which
they felt the positive effects of connecting with more mature markets. Experts point
out that the World Bank policymakers eight new members of the European Union
should adopt a proactive stance in taking further financial reforms and that in
addition to the rapid growth of the banking system and stimulate growth in the
form of non-banking financial operations. Increasingly important shareholders
associated with the strengthening power of institutional investors. So stock-holding
strengthened with the help of representatives of institutions in the field of
insurance, pension funds and investment funds. The subject of research are the
impacts of changes in the insurance market taking into account the connection
with the banking sector through a unique offer. The goal is to show greater
dependence of the banking sector and insurance in the ever-growing competition with
an innovative range of products. All the major part of savings managed by
institutional investors. Savings realized the benefits of financial innovation,
which have significantly lowered the cost of the invested money management
services and improve the quality and diversity of investments. This gathering”
individual savings, have improved the efficiency frontier relations income-risk
and on the other hand, over-sized achieve the economies of scale transactions.
Also, depositors can expect a higher level of revenues for the same level of
risk.
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