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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| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2001/04/17886036/poland-financial-sector-assessment http://hdl.handle.net/10986/15952 |
| Summary: | 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. |
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