Disintermediation of Banks - Causes and Consequences

• Autorzy: Paweł Marszałek

Warianty tytułu

Dezintermediacja banków - przyczyny i konsekwencje

• Języki publikacji: EN

Abstrakty

EN

In the age of financialization, i.e. since 1970s, in the financial systems of individual countries occurred many tendencies and phenomena influencing shape and functioning of financial intermediaries. The aim of the paper is to characterize one of the most important among them, namely the process of bank disintermediation, visible in financial systems of many countries. The process may be interpreted and analyzed in many dimensions. Its defining and understanding is of crucial importance when one assesses its consequences for the financial stability and access to financial services. In the paper disintermediation is considered in the context of diminishing trust in financial institutions and in connection with the process of financialization. After discussing definitions and features of disintermediation, there are characterized in details causes and consequences of the process. In final section some conclusions with reference to non-banking financial institutions are drawn(original abstract)

Począwszy od 1970 r., wraz z postępem finansyzacji, w systemach finansowych poszczególnych krajów wystąpiło wiele zjawisk i procesów wpływających na kształt i funkcjonowanie instytucji pośrednictwa finansowego. Celem artykułu jest charakterystyka jednego z ważniejszych, a mianowicie dezintermediacji banków, widocznej w wielu krajach. Zjawisko to można analizować i interpretować na wielu płaszczyznach. Zdefiniowanie i rozumienie dezintermediacji ma przy tym kluczowe znaczenie dla stabilności finansowej i dostępu do usług finansowych. W artykule dezintermediację rozpatruje się w kontekście malejącego zaufania do instytucji finansowych (głównie banków) i w powiązaniu z procesem finansyzacji. Po przedstawieniu definicji i cech dezintermediacji przybliżono przyczyny i konsekwencje tego zjawiska. W końcowej części sformułowano natomiast wnioski zarówno pod adresem banków, jak i niebankowych instytucji finansowych(abstrakt oryginalny)

Słowa kluczowe

EN

Financial institutions; Banking; Financial intermediation

PL

Instytucje finansowe; Bankowość; Pośrednictwo finansowe

• Czasopismo: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
• Rocznik: 2016
• Numer: nr 451 Finanse publiczne
• Strony: 256--267

Twórcy

autor

Paweł Marszałek

• Uniwersytet Ekonomiczny w Poznaniu

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Identyfikatory

DOI

10.15611/pn.2016.451.21