Financial Sector Assessment : Poland

The principal objectives of this financial sector assessment were to assist the authorities in identifying potential vulnerabilities in the Polish financial system that could have macroeconomic consequences, to suggest measures to reduce these risk...

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Bibliographic Details
Main Author: World Bank
Format: Financial Sector Assessment Program (FSAP)
Language:English
en_US
Published: Washington, DC 2013
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/2001/04/17886036/poland-financial-sector-assessment
http://hdl.handle.net/10986/15952
id okr-10986-15952
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
ACCOUNTING
ACCOUNTING PRACTICES
ACCOUNTING STANDARDS
ACCOUNTING TREATMENT
AGRICULTURAL BANKS
ASSET MANAGEMENT
ASSET QUALITY
AUDITING
AUDITS
AUTONOMY
AVAILABILITY OF CREDIT
BANK FAILURES
BANK GUARANTEE
BANK LOANS
BANK SUPERVISOR
BANKING ASSETS
BANKING CRISES
BANKING LAWS
BANKING SECTOR
BANKING SECTOR STABILITY
BANKING SUPERVISION
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY COURTS
BANKRUPTCY LAW
BENEFICIARIES
BUDGET CONSTRAINTS
CAPITAL ADEQUACY
CAPITAL CONTROLS
CAPITAL MARKETS
CLASSIFIED LOANS
COLLATERAL
COMMERCIAL BANKS
COMPETITIVE MARKET
CONSOLIDATED SUPERVISION
CONSOLIDATION
CONTINGENCY PLANS
CONTINGENT LIABILITIES
CONTINUOUS MARKET
CONTRACTUAL SAVINGS
CORPORATE BORROWERS
CORPORATE GOVERNANCE
CREDIT BUREAU
CREDIT CULTURE
CREDIT EXPOSURE
CREDIT GROWTH
CREDIT HISTORY
CREDIT INFORMATION
CREDIT RISK
CREDIT RISKS
CURRENCY
CURRENCY DEPRECIATION
CURRENT ACCOUNT DEFICIT
DEPOSIT
DEPOSITOR
DEPOSITORS
DEPOSITS
DERIVATIVES
DOMESTIC INTEREST RATES
EMERGING MARKETS
ENTRY BARRIERS
EQUITY MARKET
EQUITY MARKET DEVELOPMENT
EXCHANGE COMMISSION
EXCHANGE RATE
EXPOSURE
EXTERNAL AUDITORS
FINANCIAL CONGLOMERATES
FINANCIAL EXPOSURES
FINANCIAL INFORMATION
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL POLICIES
FINANCIAL PRODUCTS
FINANCIAL SAFETY NET
FINANCIAL SECTOR
FINANCIAL SECTOR ASSESSMENT
FINANCIAL SECTOR POLICY
FINANCIAL SECTOR STABILITY
FINANCIAL SERVICES
FINANCIAL SYSTEM
FINANCIAL SYSTEM STABILITY
FINANCIAL TRANSACTIONS
FISCAL POLICIES
FOREIGN ASSETS
FOREIGN BANKS
FOREIGN EXCHANGE
FOREIGN EXCHANGE RISK
FOREIGN INVESTORS
FUND MANAGERS
GLOBAL FINANCIAL MARKETS
GOVERNMENT BOND
GOVERNMENT BOND MARKET
GOVERNMENT BOND MARKET DEVELOPMENT
GOVERNMENT DEFICIT
GOVERNMENT SUPPORT
GROWTH RATES
GUARANTEE FUND
HOUSING
HOUSING FINANCE
INCOME
INFORMATION ON BORROWERS
INSTITUTIONAL INVESTMENT
INSTITUTIONAL INVESTOR
INSTITUTIONAL INVESTORS
INSURANCE
INSURANCE COMPANIES
INSURANCE PREMIUMS
INTEREST RATE
INTEREST RATE ADJUSTMENTS
INTEREST RATE RISK
INTEREST RATE RISKS
INVESTABLE FUNDS
INVESTMENT POLICIES
INVESTMENT REGULATIONS
INVESTOR BASE
ISSUANCE
JUDICIAL SYSTEM
LEGAL FRAMEWORK
LEGAL PROTECTION
LEGISLATION
LEGISLATIVE FRAMEWORK
LENDERS
LENDING PORTFOLIO
LIABILITY
LIQUIDITY
LIQUIDITY FACILITY
LIQUIDITY MANAGEMENT
LIQUIDITY RISKS
LOAN
LOAN LOSS PROVISIONS
LONG-TERM DEBT
MACROECONOMIC ENVIRONMENT
MACROECONOMIC POLICIES
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MACROECONOMIC STABILIZATION
MARKET CAPITALIZATION
MARKET CONDITIONS
MARKET CONFIDENCE
MARKET DEVELOPMENTS
MARKET DISCIPLINE
MARKET PARTICIPANTS
MARKET RISK
MATURITIES
MONETARY POLICY
MORAL HAZARD
MUTUAL FUNDS
NATIONAL BANK
NATIONAL DEPOSITORY
NON-PERFORMING LOANS
NONPERFORMING LOANS
OPERATIONAL RISKS
OUTSOURCING
PAYMENTS SYSTEM
PAYMENTS SYSTEMS
PENSION
PENSION FUND
PENSION FUNDS
PENSION REFORM
PENSION SYSTEM
PLEDGES
PORTFOLIO
PORTFOLIO INFLOWS
PORTFOLIOS
PRIMARY DEALER
PRIVATIZATION
PROFITABILITY
PUBLIC AGENCIES
PUBLIC ENTERPRISES
RAPID GROWTH
RATE OF RETURN
REFORM PROGRAM
REGULATOR
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
RESERVE
RESERVE BANK
RESERVE BANK OF INDIA
RETAIL MARKET
RISK MANAGEMENT
RISK MANAGEMENT SYSTEMS
RISK MEASUREMENT
RULES FOR MARKET
SAFETY NET
SECURITIES
SECURITIES MARKETS
SECURITIES REGULATION
SETTLEMENT
SHAREHOLDER
SHORT MATURITY
SOLVENCY
STRATEGIC INVESTOR
STRATEGIC INVESTORS
SUPERVISORY AGENCIES
SUPERVISORY AGENCY
SUPERVISORY AUTHORITIES
SUPERVISORY AUTHORITY
SUPERVISORY BOARDS
SYSTEMIC RISKS
TAX
TAX TREATMENT
TRADING
TRADING SYSTEMS
TRANCHES
TRANSMISSION OF MONETARY POLICY
TRANSPARENCY
TREASURY
VOLATILITY
WHOLESALE MARKET
YIELD CURVE
spellingShingle ACCOUNTABILITY
ACCOUNTING
ACCOUNTING PRACTICES
ACCOUNTING STANDARDS
ACCOUNTING TREATMENT
AGRICULTURAL BANKS
ASSET MANAGEMENT
ASSET QUALITY
AUDITING
AUDITS
AUTONOMY
AVAILABILITY OF CREDIT
BANK FAILURES
BANK GUARANTEE
BANK LOANS
BANK SUPERVISOR
BANKING ASSETS
BANKING CRISES
BANKING LAWS
BANKING SECTOR
BANKING SECTOR STABILITY
BANKING SUPERVISION
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY COURTS
BANKRUPTCY LAW
BENEFICIARIES
BUDGET CONSTRAINTS
CAPITAL ADEQUACY
CAPITAL CONTROLS
CAPITAL MARKETS
CLASSIFIED LOANS
COLLATERAL
COMMERCIAL BANKS
COMPETITIVE MARKET
CONSOLIDATED SUPERVISION
CONSOLIDATION
CONTINGENCY PLANS
CONTINGENT LIABILITIES
CONTINUOUS MARKET
CONTRACTUAL SAVINGS
CORPORATE BORROWERS
CORPORATE GOVERNANCE
CREDIT BUREAU
CREDIT CULTURE
CREDIT EXPOSURE
CREDIT GROWTH
CREDIT HISTORY
CREDIT INFORMATION
CREDIT RISK
CREDIT RISKS
CURRENCY
CURRENCY DEPRECIATION
CURRENT ACCOUNT DEFICIT
DEPOSIT
DEPOSITOR
DEPOSITORS
DEPOSITS
DERIVATIVES
DOMESTIC INTEREST RATES
EMERGING MARKETS
ENTRY BARRIERS
EQUITY MARKET
EQUITY MARKET DEVELOPMENT
EXCHANGE COMMISSION
EXCHANGE RATE
EXPOSURE
EXTERNAL AUDITORS
FINANCIAL CONGLOMERATES
FINANCIAL EXPOSURES
FINANCIAL INFORMATION
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL POLICIES
FINANCIAL PRODUCTS
FINANCIAL SAFETY NET
FINANCIAL SECTOR
FINANCIAL SECTOR ASSESSMENT
FINANCIAL SECTOR POLICY
FINANCIAL SECTOR STABILITY
FINANCIAL SERVICES
FINANCIAL SYSTEM
FINANCIAL SYSTEM STABILITY
FINANCIAL TRANSACTIONS
FISCAL POLICIES
FOREIGN ASSETS
FOREIGN BANKS
FOREIGN EXCHANGE
FOREIGN EXCHANGE RISK
FOREIGN INVESTORS
FUND MANAGERS
GLOBAL FINANCIAL MARKETS
GOVERNMENT BOND
GOVERNMENT BOND MARKET
GOVERNMENT BOND MARKET DEVELOPMENT
GOVERNMENT DEFICIT
GOVERNMENT SUPPORT
GROWTH RATES
GUARANTEE FUND
HOUSING
HOUSING FINANCE
INCOME
INFORMATION ON BORROWERS
INSTITUTIONAL INVESTMENT
INSTITUTIONAL INVESTOR
INSTITUTIONAL INVESTORS
INSURANCE
INSURANCE COMPANIES
INSURANCE PREMIUMS
INTEREST RATE
INTEREST RATE ADJUSTMENTS
INTEREST RATE RISK
INTEREST RATE RISKS
INVESTABLE FUNDS
INVESTMENT POLICIES
INVESTMENT REGULATIONS
INVESTOR BASE
ISSUANCE
JUDICIAL SYSTEM
LEGAL FRAMEWORK
LEGAL PROTECTION
LEGISLATION
LEGISLATIVE FRAMEWORK
LENDERS
LENDING PORTFOLIO
LIABILITY
LIQUIDITY
LIQUIDITY FACILITY
LIQUIDITY MANAGEMENT
LIQUIDITY RISKS
LOAN
LOAN LOSS PROVISIONS
LONG-TERM DEBT
MACROECONOMIC ENVIRONMENT
MACROECONOMIC POLICIES
MACROECONOMIC POLICY
MACROECONOMIC STABILITY
MACROECONOMIC STABILIZATION
MARKET CAPITALIZATION
MARKET CONDITIONS
MARKET CONFIDENCE
MARKET DEVELOPMENTS
MARKET DISCIPLINE
MARKET PARTICIPANTS
MARKET RISK
MATURITIES
MONETARY POLICY
MORAL HAZARD
MUTUAL FUNDS
NATIONAL BANK
NATIONAL DEPOSITORY
NON-PERFORMING LOANS
NONPERFORMING LOANS
OPERATIONAL RISKS
OUTSOURCING
PAYMENTS SYSTEM
PAYMENTS SYSTEMS
PENSION
PENSION FUND
PENSION FUNDS
PENSION REFORM
PENSION SYSTEM
PLEDGES
PORTFOLIO
PORTFOLIO INFLOWS
PORTFOLIOS
PRIMARY DEALER
PRIVATIZATION
PROFITABILITY
PUBLIC AGENCIES
PUBLIC ENTERPRISES
RAPID GROWTH
RATE OF RETURN
REFORM PROGRAM
REGULATOR
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
RESERVE
RESERVE BANK
RESERVE BANK OF INDIA
RETAIL MARKET
RISK MANAGEMENT
RISK MANAGEMENT SYSTEMS
RISK MEASUREMENT
RULES FOR MARKET
SAFETY NET
SECURITIES
SECURITIES MARKETS
SECURITIES REGULATION
SETTLEMENT
SHAREHOLDER
SHORT MATURITY
SOLVENCY
STRATEGIC INVESTOR
STRATEGIC INVESTORS
SUPERVISORY AGENCIES
SUPERVISORY AGENCY
SUPERVISORY AUTHORITIES
SUPERVISORY AUTHORITY
SUPERVISORY BOARDS
SYSTEMIC RISKS
TAX
TAX TREATMENT
TRADING
TRADING SYSTEMS
TRANCHES
TRANSMISSION OF MONETARY POLICY
TRANSPARENCY
TREASURY
VOLATILITY
WHOLESALE MARKET
YIELD CURVE
World Bank
Financial Sector Assessment : Poland
geographic_facet Europe and Central Asia
Poland
description The principal objectives of this financial sector assessment were to assist the authorities in identifying potential vulnerabilities in the Polish financial system that could have macroeconomic consequences, to suggest measures to reduce these risks, and to outline development needs in the system and strategies to address these concerns. The purpose of this note is to provide a summary of the main findings of the mission, together with the policy priorities identified. The issues facing the Polish financial sector are mostly of development rather than stability nature. Poland has made significant reforms in its financial sector over the last decade, with an acceleration of the restructuring of its banking system in the last three years. Poland has completed the larger part of the transition-related reform agenda in the financial sector. While the overall stability of the financial sector does not appear to be a concern at the moment, enhanced oversight of risk management systems of financial institutions and improvements in crisis prevention and management procedures are necessary.
format Economic & Sector Work :: Financial Sector Assessment Program (FSAP)
author World Bank
author_facet World Bank
author_sort World Bank
title Financial Sector Assessment : Poland
title_short Financial Sector Assessment : Poland
title_full Financial Sector Assessment : Poland
title_fullStr Financial Sector Assessment : Poland
title_full_unstemmed Financial Sector Assessment : Poland
title_sort financial sector assessment : poland
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2001/04/17886036/poland-financial-sector-assessment
http://hdl.handle.net/10986/15952
_version_ 1764431368017674240
spelling okr-10986-159522021-04-23T14:03:22Z Financial Sector Assessment : Poland World Bank ACCOUNTABILITY ACCOUNTING ACCOUNTING PRACTICES ACCOUNTING STANDARDS ACCOUNTING TREATMENT AGRICULTURAL BANKS ASSET MANAGEMENT ASSET QUALITY AUDITING AUDITS AUTONOMY AVAILABILITY OF CREDIT BANK FAILURES BANK GUARANTEE BANK LOANS BANK SUPERVISOR BANKING ASSETS BANKING CRISES BANKING LAWS BANKING SECTOR BANKING SECTOR STABILITY BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKRUPTCY COURTS BANKRUPTCY LAW BENEFICIARIES BUDGET CONSTRAINTS CAPITAL ADEQUACY CAPITAL CONTROLS CAPITAL MARKETS CLASSIFIED LOANS COLLATERAL COMMERCIAL BANKS COMPETITIVE MARKET CONSOLIDATED SUPERVISION CONSOLIDATION CONTINGENCY PLANS CONTINGENT LIABILITIES CONTINUOUS MARKET CONTRACTUAL SAVINGS CORPORATE BORROWERS CORPORATE GOVERNANCE CREDIT BUREAU CREDIT CULTURE CREDIT EXPOSURE CREDIT GROWTH CREDIT HISTORY CREDIT INFORMATION CREDIT RISK CREDIT RISKS CURRENCY CURRENCY DEPRECIATION CURRENT ACCOUNT DEFICIT DEPOSIT DEPOSITOR DEPOSITORS DEPOSITS DERIVATIVES DOMESTIC INTEREST RATES EMERGING MARKETS ENTRY BARRIERS EQUITY MARKET EQUITY MARKET DEVELOPMENT EXCHANGE COMMISSION EXCHANGE RATE EXPOSURE EXTERNAL AUDITORS FINANCIAL CONGLOMERATES FINANCIAL EXPOSURES FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL POLICIES FINANCIAL PRODUCTS FINANCIAL SAFETY NET FINANCIAL SECTOR FINANCIAL SECTOR ASSESSMENT FINANCIAL SECTOR POLICY FINANCIAL SECTOR STABILITY FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEM STABILITY FINANCIAL TRANSACTIONS FISCAL POLICIES FOREIGN ASSETS FOREIGN BANKS FOREIGN EXCHANGE FOREIGN EXCHANGE RISK FOREIGN INVESTORS FUND MANAGERS GLOBAL FINANCIAL MARKETS GOVERNMENT BOND GOVERNMENT BOND MARKET GOVERNMENT BOND MARKET DEVELOPMENT GOVERNMENT DEFICIT GOVERNMENT SUPPORT GROWTH RATES GUARANTEE FUND HOUSING HOUSING FINANCE INCOME INFORMATION ON BORROWERS INSTITUTIONAL INVESTMENT INSTITUTIONAL INVESTOR INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE PREMIUMS INTEREST RATE INTEREST RATE ADJUSTMENTS INTEREST RATE RISK INTEREST RATE RISKS INVESTABLE FUNDS INVESTMENT POLICIES INVESTMENT REGULATIONS INVESTOR BASE ISSUANCE JUDICIAL SYSTEM LEGAL FRAMEWORK LEGAL PROTECTION LEGISLATION LEGISLATIVE FRAMEWORK LENDERS LENDING PORTFOLIO LIABILITY LIQUIDITY LIQUIDITY FACILITY LIQUIDITY MANAGEMENT LIQUIDITY RISKS LOAN LOAN LOSS PROVISIONS LONG-TERM DEBT MACROECONOMIC ENVIRONMENT MACROECONOMIC POLICIES MACROECONOMIC POLICY MACROECONOMIC STABILITY MACROECONOMIC STABILIZATION MARKET CAPITALIZATION MARKET CONDITIONS MARKET CONFIDENCE MARKET DEVELOPMENTS MARKET DISCIPLINE MARKET PARTICIPANTS MARKET RISK MATURITIES MONETARY POLICY MORAL HAZARD MUTUAL FUNDS NATIONAL BANK NATIONAL DEPOSITORY NON-PERFORMING LOANS NONPERFORMING LOANS OPERATIONAL RISKS OUTSOURCING PAYMENTS SYSTEM PAYMENTS SYSTEMS PENSION PENSION FUND PENSION FUNDS PENSION REFORM PENSION SYSTEM PLEDGES PORTFOLIO PORTFOLIO INFLOWS PORTFOLIOS PRIMARY DEALER PRIVATIZATION PROFITABILITY PUBLIC AGENCIES PUBLIC ENTERPRISES RAPID GROWTH RATE OF RETURN REFORM PROGRAM REGULATOR REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RESERVE RESERVE BANK RESERVE BANK OF INDIA RETAIL MARKET RISK MANAGEMENT RISK MANAGEMENT SYSTEMS RISK MEASUREMENT RULES FOR MARKET SAFETY NET SECURITIES SECURITIES MARKETS SECURITIES REGULATION SETTLEMENT SHAREHOLDER SHORT MATURITY SOLVENCY STRATEGIC INVESTOR STRATEGIC INVESTORS SUPERVISORY AGENCIES SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY BOARDS SYSTEMIC RISKS TAX TAX TREATMENT TRADING TRADING SYSTEMS TRANCHES TRANSMISSION OF MONETARY POLICY TRANSPARENCY TREASURY VOLATILITY WHOLESALE MARKET YIELD CURVE The principal objectives of this financial sector assessment were to assist the authorities in identifying potential vulnerabilities in the Polish financial system that could have macroeconomic consequences, to suggest measures to reduce these risks, and to outline development needs in the system and strategies to address these concerns. The purpose of this note is to provide a summary of the main findings of the mission, together with the policy priorities identified. The issues facing the Polish financial sector are mostly of development rather than stability nature. Poland has made significant reforms in its financial sector over the last decade, with an acceleration of the restructuring of its banking system in the last three years. Poland has completed the larger part of the transition-related reform agenda in the financial sector. While the overall stability of the financial sector does not appear to be a concern at the moment, enhanced oversight of risk management systems of financial institutions and improvements in crisis prevention and management procedures are necessary. 2013-10-01T15:56:10Z 2013-10-01T15:56:10Z 2001-04 http://documents.worldbank.org/curated/en/2001/04/17886036/poland-financial-sector-assessment http://hdl.handle.net/10986/15952 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Economic & Sector Work Europe and Central Asia Poland