Polish banks have been weakened by large loan losses and low capital. Recapitalization and better economic conditions have strenghened the industry, but problems remain, especially among some large state-owned banks. Continued improvement of the banking system will require additional domestic or foreign capital strengthen reserves and to modernize operations.
On This PageVol. 21, No. 2
Banking reform in a transition economy: The case of Poland
Last Updated: 12/01/98