Economics at your fingertips  

Koszty restrukturyzacji sektora bankowego w Polsce

Adam Pawlikowski and Dobromił Serwa ()

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this paper is to estimate the costs of banking sector restructuring in Poland, borne by the government and the central bank in the years 1993-2006. The authors focused mainly on the assistance measures that directly contributed to generating costs. Aggregated costs of the banking sector restructuring borne in the years 1993-2006 by public bodies amounted to 18.6 billion zloty (22.4 billion zloty in 2006 prices), corresponding to 2.61% of the annual GDP. The largest costs related to the tools employed in the banking sector restructuring process were those of servicing restructuring bonds allocated by the State Treasury to finance threatened banks (over 80% of total costs). The largest share of assistance went to state-owned banks, i.e. 90.3% in current prices. Total costs of banking sector restructuring in Poland are not high when compared to such costs in other transition countries.

Keywords: banking sector restructuring; banking crises; fiscal costs; financial stability (search for similar items in EconPapers)
JEL-codes: G34 H81 G21 (search for similar items in EconPapers)
Date: 2007-08
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Published in Bank i Kredyt - Bank and Credit 08/09.2007 (2007): pp. 84-95

Downloads: (external link) original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

Page updated 2019-10-24
Handle: RePEc:pra:mprapa:24080