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EN
Although banking was not initially considered as essential, the planned implementation of selected elements of market economy and rehabilitation of money functions forced founding of an appropriate institutional environment. Besides the role of money and banks in socialist economy, the paper analyses the proposed modifications in the banking system and management of foreign currencies. During reorganization of the State Bank of Czechoslovakia the concept of separate emission and commercial banking was promoted. Changes in constitutional arrangements were to be initially reflected in the organization of monetary policy. After August 1968 reform proposals were gradually left. Finally, de facto no major changes were made. Despite this, changes in the banking sector endured to a certain extent, and they became a basis for attempts at activation of money in the following twenty years.
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