Journal Article

Banking reform in a transition economy: the case of Poland


Abstract: Polish banks have been weakened by large loan losses and low capital. Recapitalization and better economic conditions have strengthened the industry, but problems remain, especially among some large state-owned banks. Continued improvement of the banking system will require additional domestic or foreign capital to strengthen reserves and to modernize operations.

Keywords: Banks and banking; Poland;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 1997

Volume: 21

Issue: Mar

Pages: 16-32