FINANCIAL PROBLEMS OF POLISH CREDIT UNION SECTOR
Journal Title: Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej - Year 2016, Vol 20, Issue 4
Abstract
For several years now, there has been more and more information on the difficulties of the co-operative credit union sector in Poland. The Financial Supervision Authority in its reports has pointed to poor financial performance of the sector, intricate capital and personal links between the companies operating within the SKOK Holding S.a.r.l. and, finally, a growing number of credit unions being subject to recovery proceedings1. This paper attempts to present the credit union sector in Poland and its current financial situation. The conclusions of the paper confirm that the condition of the credit union sector is weak and that corrective actions such as recapitalization of the sector, its acquisition by the banking sector or other financial institutions as well as the creation of the so-called “bad bank” are absolutely necessary.<br/><br/>
Authors and Affiliations
Jacek Binda
Keywords
Related Articles
- EP ID EP367253
- DOI 10.19192/wsfip.sj4.2016.1
- Views 64
- Downloads 0
EMPLOYER`S LIABILITY FOR DAMAGES IN DISCRIMINATION CASES
The paper describes practical problems relating to normalization of discrimination in labour law. It is about the role of compensation for discrimination, regardless of whether one takes into account either a compensator...
ANALIZA KORZYŚCI Z GLOBALIZACJI WZGLĘDEM ROZWOJU GOSPODARCZEGO I JEJ WPŁYW NA POLARYZACJĘ DOCHODÓW
Artykuł przedstawia wielowymiarowe korzyści z globalizacji w odniesieniu do rozwoju gospodarczego, pomimo jej wpływu, jaki oddziałuje na polaryzację dochodów. W artykule omówiono pojęcie globalizacji i jej skutków, która...
THE PHENOMENON OF CONFLICT IN EDUCATION FOR SECURITY ON THE EXAMPLE OF THE CZECH REPUBLIC (PART I)
Security belongs to the basic qualitative standards of citizens´ life in every country. It is a very frequently discussed question involving education for security. The paper presents a concise analysis of the phenomenon...
TRAINING METHODS IN PUBLIC SECTOR CASE OF ASIA
Training is an effort to increase the knowledge, skills, and abilities of employees and managers so they can better do their jobs. The principles of learning must be considered in all training activities for officials. I...
BANK LIQUIDITY AND PROFITABILITY IN THE POLISH BANKING SECTOR
Liquidity and profitability are two very important aspects of the banking business. The aim of this paper is to thoroughly evaluate the development of bank profitability and liquidity in the Polish banking sector and to...