Describe the institutional aspects of polish banking system.
What is financial system?
What happened in Poland in 1989?
What are banking activities?
What constitutes a legal framework for Banking in Poland?
KREDYT I POŻYCZKA TO DWIE RÓŻNE RZECZY
Pożyczka – its less formal, can be made by anyone.
Kredyt – its regulated by some kind of law.
Discuss the asset structure of Polish Banking System.
No use of comparing assets of bank in Poland with bank in UK, but comparing them between domestics banks is ok.
IN POLAND
Banking sector dominates among the other sectors.
Discuss the ownership structure of Polish Banking System.
Majority of the equity belongs to foreign companies (about 67%). Every year this percentage goes down and from the point of view of the customer its not a problem (and we can try to prove it).
Discuss the chart (quarterly net earnings of the banking sector)
Discuss the problem of Assets of the financial system as percentage of GDP in Poland.
Bad debt is not an issue in this case. More derivatives while comparing to GDP.
The other countries economy was developing for longer time than polish (since 1989). Poland is loan/deposit based, UK or Ireland is more investment system.
What’s the difference between bank and credit institution.
Bank needs to have a head quarter located in the country. Credit it might be abroad (but in the borders of UE). If the head quarter is located outside of Europe its foreign bank.
Second lecture.
Central bank.
What are the most important functions of National Bank of Poland? (issue money,
Discuss the relationship between NBP decision-making bodies.
Discuss the basic objective of NBP activity.
What is an inflation?
Discuss the most important areas of NBP activity.
Discuss the NBP interest rates.
Discuss the meaning of other monetary policy instruments.
Do you think the President of NBP should be engaged in economical discussions?
No he shouldn’t because his opinions could be simply misunderstood. It might be some sort of confusion in the market stability.