Negative interest rates in banking

This bachelor thesis deals with the usage of negative interest rates as a part of the monetary policy of central banks. The theoretical analysis/part describes banking risks and further deals with the risk measurement and risk management, the interest rates in central banking, the interbank rates and the PRIBOR rate quotation. The empirical analysis/part concerns the situation of some selected European countries, where the central banks have implemented negative interest rates. The next chapter explains the situation in the Czech Republic and the impact of interest rate reduction