Polish banking scandal may lead to more consolidation
Keyword(s):
Significance Allegations of bribery and corruption against the former chairman of Poland’s Financial Supervision Authority (KNF), the financial sector regulator, have stoked both political and regulatory tensions. Impacts The banking sector is resilient to domestic and external shocks, but a slowdown in GDP could dampen household loan growth next year. Further sector consolidation is likely and would further underline the dominance of large, state-backed financial institutions. Interest rates are unlikely to be raised before end-2019 at the earliest, providing some support to household consumption in the near term.
2018 ◽
Vol 60
(6)
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pp. 1412-1431
2021 ◽
Vol ahead-of-print
(ahead-of-print)
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2021 ◽
Vol ahead-of-print
(ahead-of-print)
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2014 ◽
Vol 30
(1)
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pp. 16-44
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Keyword(s):
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