Republic of Poland: Technical Note on Impaired Loans

December 20, 2013

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Republic of Poland: Technical Note on Impaired Loans, (USA: International Monetary Fund, 2013) accessed December 21, 2024

Summary

This Technical Note analyzes impaired loans in Poland. Asset quality has moved up the Polish supervisor’s agenda to address persistent impaired loans and cyclical deterioration in credit quality. Although the deterioration has been mainly observed in the quality of consumer loan portfolio, the foreign exchange mortgage loan portfolio also presents vulnerabilities that lie in exposure to foreign exchange risk. Tax disincentives, interest income accrual practices, underdeveloped securitization markets, and impediments in out-of-court restructurings impede rapid progress in cleaning up bank balance sheets. A recent loosening of underwriting standards for retail loans could contribute to rising inflows into impaired loans.

Subject: Banking, Credit, Distressed assets, Financial institutions, Financial sector policy and analysis, Loans, Money, Mortgages, National accounts, Personal income

Keywords: Bank enforcement title, CR, Credit, Credit risk management practice, Distressed assets, FX loan, Impaired loan, ISCR, Loan classification system, Loan contract, Loan portfolio, Loans, Loss provision, Mortgages, Personal income, Provision amount, Restructured loan, Restructuring practice

Publication Details

Pages:

28
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/373
Stock No:

1POLEA2013006
ISBN:

9781484324486
ISSN:

1934-7685

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