EN
The period of 15 years which have passed since the banking reforms started in the Central Europe countries (Poland, Hungary, former Czechoslovakia) generates a question about the effects of the introduced changes. Have the goals been achieved? The aim of the paper is to answer the question whether the banking reforms in the Central Europe countries resulted in the introduction of effectively functioning banking systems in these countries the level of which could be compared to the level of banking in developed countries. The authoress analyses the determiners and statistical data concerning banking sectors of the described countries. The conducted analysis allows her to conclude that the Central Europe countries introduced significant changes in their banking sectors between 1990 and 2005 which should be assessed positively. It does not mean, however, that the period of reforms has been completed. The level of development of banking markets in the Central Europe countries is still inferior to that of the developed countries.