Skuteczność rozwiązań i mechanizmów stabilizujących banki systemowo ważne w krajach Unii Europejskiej w okresie pokryzysowym - próba oceny

• Autorzy: Ewa Miklaszewska , Krzysztof Kil

Warianty tytułu

The Mechanisms and Solutions Stabilizing Systemically Important Banks in the EU in the Post-Crisis Period - Implementation Evaluation

• Języki publikacji: PL

Abstrakty

Okres globalnego kryzysu finansowego przyniósł niespotykany wzrost wydatków publicznych przeznaczonych na stabilizację sektora bankowego. Utworzenie drugiego filaru unii bankowej (SRM) oraz przyjęcie dyrektywy BRR były motywowane potrzebą ograniczania wydatków publicznych oraz uporządkowania procesów restrukturyzacyjnych. Zasadność uporządkowania procesów restrukturyzacyjno-likwidacyjnych dla banków systemowo ważnych jest bezsporna. Jednak zarówno idea procesów typu resolution, jak i niespójne wdrażanie nowych regulacji budzą wiele kontrowersji. Celem artykułu jest analiza konstrukcji i implementacji mechanizmów stabilizujących banki systemowo ważne w UE. W części empirycznej podjęto próbę pośredniej odpowiedzi na pytania o zasadność i skuteczność rozwiązań restrukturyzacyjnych poprzez zbadanie, czy pomoc publiczna udzielona bankom w krajach UE w okresie 2004-2016 wpłynęła pozytywnie na ich kondycję, zakładając, że jeśli tak, to próba uporządkowania tego procesu w regulacjach typu resolution jest ekonomicznie uzasadniona. Badanie empiryczne przeprowadzono w oparciu o bazę Bankscope/Orbis, z wykorzystaniem miar adekwatności kapitałowej, efektywności, w tym autorskiego wskaźnika Multi Level Performance Score, i stabilności - indeksu Z-score. (abstrakt autora)

EN

The global financial crisis brought an unprecedented increase in public spending, aiming at stabilization of systemically important banks. Single Resolution Mechanism and the BRR Directive were motivated by the need to limit and control public spending. However, their implementation raised a number of controversies, especially the use of the bail-in tool. The aim of this paper is therefore to analyse the construction and implementation of stabilization mechanisms, developed in the post- -crisis period. In the empirical part, an attempt was made to examine whether stabilization measures, granted to EU systemically important banks in 2004-2016 period, had a positive effect on their stability and performance, assuming that if so, the attempt to improve the resolution process and decrease its cost are economically justified. The study covers banks operating in the EU based on Bankscope/Orbis database and uses both stability measures and the new performance indicator: Multi Level Performance Score. (original abstract)

Słowa kluczowe

PL

Sektor bankowy; Polityka stabilizacyjna; Restrukturyzacja banków; Pomoc publiczna; Dyrektywy UE; Wyniki badań

EN

Banking sector; Stabilisation policy; Banks restructuring; Public aid; EU directives; Research results

• Czasopismo: Bank i Kredyt
• Rocznik: 2019
• Numer: nr 2
• Strony: 173--194

Twórcy

autor

Ewa Miklaszewska

• Uniwersytet Ekonomiczny w Krakowie

autor

Krzysztof Kil

• Uniwersytet Ekonomiczny w Krakowie

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