IMPORTANCE AND IMPLEMENTATION OF THE IMPROVEMENT PROCESS OF PRUDENTIAL INSTRUMENTS IN COMMERCIAL BANKS ON THE BACKGROUND OF ANTI-CRISIS SOCIO-ECONOMIC POLICY IN POLAND

Journal Title: Globalization, the State and the Individual - Year 2015, Vol 4, Issue 8

Abstract

In the first part of this study was started the correlation diagnosis of improvement processes of the financial system prudential instruments and the anti-crisis socio-economic policy conducted in Poland. This study is focused on discussing the growing importance of the process of improving the risk management procedures in commercial banks operating in Poland. In the context of the pressure of implemented Keynesian anti-crisis measu- res economists also point to the need for continuous adjusting of prudential regulations functioning in banking systems. In a situation of economic down- turn and increased risk the pressure for banking procedures improvement increases on security issues of financial transactions in Poland. Through the ongoing sińce 1989 transformation of the Polish economy towards its mar- ketization the similar processes were implemented in the financial sector. Improving of the financial system banking procedures are correlated with progressively increasing globalization and also with anti-crisis socio-econo- mic policy in Poland. Therefore, gradually increases a level of procedures customization of commercial banks operating in Poland to the EU reąuire- ments and guidelines of the Basel Committee. One of the particular aspects of the adjustment processes was the correlation analysis of improvement processes of the financial system prudential instruments and the anti-crisis socio-economic policy in Poland. As a result of observation and analysis it is shown that there is a correlation.

Authors and Affiliations

Sylwia Gwozdziewicz, Dariusz Prokopowicz

Keywords

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  • EP ID EP282450
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How To Cite

Sylwia Gwozdziewicz, Dariusz Prokopowicz (2015). IMPORTANCE AND IMPLEMENTATION OF THE IMPROVEMENT PROCESS OF PRUDENTIAL INSTRUMENTS IN COMMERCIAL BANKS ON THE BACKGROUND OF ANTI-CRISIS SOCIO-ECONOMIC POLICY IN POLAND. Globalization, the State and the Individual, 4(8), -. https://europub.co.uk/articles/-A-282450