IMF Staff Country Reports

Republic of Poland: Financial System Stability Assessment

July 23, 2013

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Republic of Poland: Financial System Stability Assessment, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Summary

This paper on the Republic of Poland’s Financial System Stability Assessment highlights economic policies and development. Skillful policy management and sound fundamentals have allowed the economy to weather the global financial crisis, and the euro area turmoil. Risk drivers include slow growth abroad and domestically, rising unemployment, and declining residential real estate prices. Vulnerabilities lie in interconnectedness with the euro area, and exposure to foreign exchange risk and foreign investors, which in turn may pressure bank funding, especially in the absence of long-term domestic funding sources. Stress tests suggest that vulnerabilities are not likely to become systemic, though some pockets of weakness were identified.

Subject: Banking, Commercial banks, Financial institutions, Financial sector policy and analysis, Foreign exchange, Loans, Mortgages, Stress testing

Keywords: A number of bank, Balance sheet, Banking sector, Banking system assets, Capital market, Commercial banks, CR, FX mortgage, Global, Interest rate, ISCR, Loan portfolio, Loans, Mortgage bank, Mortgages, Resolution framework, Risk management practice, Sovereign bond, Stress testing

Publication Details

  • Pages:

    41

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/221

  • Stock No:

    1POLEA2013004

  • ISBN:

    9781484397831

  • ISSN:

    1934-7685