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2015 | nr 1 (34) | 5--32
Tytuł artykułu

The Polish Banking Sector in the Process of Transformation of the Polish Economy

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Over the course of the transformation period, the Polish banking sector underwent a rapid and multi-directional development. Solidly serving the customers, banks were simultaneously building their economic potential and took care of their own stability and the security of deposits. There is no stable country without stable banks, just as there is no stable banking system in an unstable country. The Polish banking sector was and is strictly regulated and closely supervised, even with some symptoms of overregulation. The sector is safe, effective and modern though there are still some serious shortcomings, errors and regulatory delays, which reduce the possibility of providing a quality service to the customers of the banking sector. Despite the enormous progress which has been made in the development of the sector, banks have a relatively low capability to finance the development of the Polish economy. It is thus necessary to formulate a long-term strategy for the development of Polish banking and the surrounding institutions. Poland is a country of golden economic opportunities, and the Polish banking system offers similar opportunities. The Polish economy and the banking sector are faced with a number of challenges. Both the Polish economy and the banking sector are not free from threats. The important thing is to counteract the threats, meet the challenges, and seize the opportunities. After the experience of the last twenty-five years, we can be optimistic about the future. A lot of work is still ahead of us and it is important to know where we are headed.(original abstract)
Rocznik
Numer
Strony
5--32
Opis fizyczny
Bibliografia
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171390295

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