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Erschienen in:
1997 | OriginalPaper | Buchkapitel
Restructuring and Privatization of Polish Banks
verfasst von : Miroslaw Bojanczyk
Erschienen in: Banking, International Capital Flows and Growth in Europe
Verlag: Springer Berlin Heidelberg
Enthalten in: Professional Book Archive
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As a result of the macroeconomic changes under way since 1989 and the inability of banks and enterprises to function effectively in the new market environment, the Polish economy has been inflicted with a problem of bad debts. Polish enterprises were indebted to both their suppliers and banks. Bad loans constituted 20–30% of banks total loan portfolios.