Search results - CEJSH

1

The post-crisis strategies of exchange banks in Poland in the context of their operating effectiveness

100%

Włodarczyk B.

Przedsiębiorczość i Zarządzanie

|

2014

|

vol. 15

|

issue 1

7-23

EN

The global financial crisis changed the customers’ approach to the banking sector. Nowadays, banks are often perceived not as public trust institutions, but enterprises operating with a huge risk on a highly competitive market and set on a short-term profit. Such an approach and the financial results of the global financial crisis influence the banking sector in a direct and indirect way. As a result, banks in the post-crisis period had to adopt such operating strategies, which allowed them to rebuild the trust and successfully and effectively function on the financial service market. The aim of the article is the analysis of the management strategy adopted by banks and the evaluation of their effectiveness in the postcrisis period. The author presents a thesis that the change in the strategies of managing a bank after the crisis in 2008 resulted in limiting the risk and increasing the effectiveness of bank operating. In order to verify the thesis, the available materials on the strategies adopted by the exchange banks were compared and their effectiveness in the years 2009-2012 was analyzed.

2

The role of regulatory risk in the concept of banking sector’s self-regulation

85%

Kasiewicz S.

Kwartalnik Nauk o Przedsiębiorstwie

|

2017

|

vol. 42

|

issue 1

39-46

PL

Celem artykułu jest pokazanie roli ryzyka regulacyjnego w procesie samoregulacji sektora bankowego. Koncepcja ta jest bardzo rzadko stosowana przez instytucje funkcjonujące na europejskim rynku usług bankowych. Autor stawia hipotezę, że popularyzacja tej koncepcji oraz zapewnienie jej efektywności i skuteczności wymaga spełnienia specyficznych warunków, dotyczących w szczególności doboru odpowiednich metod pomiaru ryzyka regulacyjnego. Ryzyko regulacyjne dotyczy zagrożeń i możliwości związanych tylko z wdrożeniem konkretnej regulacji do praktyki funkcjonowania instytucji bankowych.

EN

Self-regulation is one of the concepts of regulatory implementation. The purpose of the article is to show the role of regulatory risk in the process of regulating the banking sector through self-regulation. This concept is quite rarely used in the practice of regulating the European banking services market. In the article a hypothesis is put forward that the popularization of this concept and ensuring of its effectiveness and efficiency require specific conditions to be met, in particular, adequate regulatory risk measurement method to be used. Regulatory risk covers threats or opportunities attributable only to the regulator in connection with the implementation of a specific regulation into the practice of the functioning of banking institutions.

3

Two Years of the Bank Tax in Poland – an Analysis of Effects

80%

Jarno K., Kołodziejczyk H.

Bezpieczny Bank

|

2018

|

vol. 71

|

issue 2

86-95

EN

The main purpose of the paper is an attempt to assess the effects of introducing a bank levy in Poland on selected indicators of the banking sector using the difference-in-differences method. The employment of the difference-in-differences method does not result is strict findings regarding the incidence of the newly introduced bank levy. Although we observe negative effects on ROA, the value of assets, and the value of loans, and positive effects on the number of employees, our results are not statistically significant.

4

Rola państwa w zrównoważonym rozwoju systemu bankowego

80%

Koleśnik J.

Nauki o Finansach

|

2014

|

issue 1(18)

124-131

EN

The purpose of this article is to answer the question whether the state has effective instruments of impact on the banking system in order to reduce the risk which materialization would threaten the entire economy. This aim was achieved by identifying the tools of impact on the banking system used in the European Union, taking into account the distribution of standard instruments and actions which had been taken in response to the events of the last crisis. This analysis indicated that the key role would be played by the instruments created in the banking union. However, this will not limit the role of the state in the banking system, but it will give it a formalized and complex dimension through which it will be possible to react quicker to emerging issues and to reduce the costs of such a solution.

5

Efficiency of the banking sector in Poland compared to other countries in the region

80%

Filipek A., Spirzewski K.

Journal of Banking and Financial Economics

|

2023

|

issue 1(19)

57-84

EN

The banking system is one of the most important components of the financial systems on which modern economies are largely based. The occurrence of instability in this area may lead to serious economic problems. Therefore, the interest of researchers in this area has been focused mainly on assessing the effectiveness and efficiency of the banking sector, which will allow for identifying possible areas for improvement. In this paper, we discuss the use of efficiency as one of the basic measures used to assess the functioning of the banking sector. The aim of this study is to examine the efficiency of the banking sector in Poland, and then to compare the obtained results with selected countries of the region in 2014–2018. The paper presents theoretical considerations in the field of the financial system, the banking system and the efficiency of entities. In the empirical part of the paper, we conducted our own research on the efficiency of the banking sector in Poland using the DEA (Data Envelopment Analysis) method. The results were compared with those obtained in selected countries in the region. The selected countries of the region are: Bulgaria, the Czech Republic, Estonia, Croatia, Hungary, Lithuania, Latvia, Romania and Slovakia.

6

Transformation of The Banking Sector as An Element of Economic Transformation in South-East Europe

80%

Kubiszewska K.

Optimum. Studia Ekonomiczne

|

2017

|

vol. 5(89)

EN

The issue of stability in economy is essential, both in theoretical as well as in practical discussion. It is especially important in an environment of economic transformation. The aim of the article is to assess the economic stability during the transformation of the south-east region of Europe over a period of 19 years (1995-2014), and the mutual relation between the economic stability and the transformation process, including the transformation of banking sectors. The countries selected to the research were Albania, Bosnia and Hercegovina, Bulgaria, Croatia, Romania and Serbia. The study shows the strong correlation between transformation process of economy and banking sectors and not more than moderate relationship between transformation and stability, in some of the studied countries. The methods used include a literature review of the theory on the transformation process with special focus on the Balkan region, as well as a comparative analysis of data, which addresses the progress of the economic and banking sector’s transformation and measures the macroeconomic stability in this region and Pearson correlation for assessing mutual impacts of the variables.

7

Relationship between corporate image and corporate reputation in Polish banking sector

80%

Szwajca D.

Oeconomia Copernicana

|

2018

|

vol. 9

|

issue 3

493-509

EN

Research background: Corporate reputation and image are two valuable intangible resources of the company, aimed at building its long-term competitive advantage and market value. Although reputation and image are interrelated categories, they should not be identified with each other. The differences are not only in the definition and the character, but also in the mechanism of formation and tools to create these resources by the company. Image is a picture, perceptions and associations about the company in the minds of consumers, which may be created using the tools of PR and advertising in a relatively short period of time. Reputation is a review of the company and its activities, formulated by various stakeholder groups, on the basis of not only advertising, but also on the basis of the assessment of real activities of companies in the long term. Purpose of the article: The cognitive objective of the article is to point out the fundamental differences between reputation and image on the basis of the analysis of approaches and theoretical concepts. The practical objective is to make an attempt to identify the differences and relationships between reputation and image on the basis of empirical analysis, therefore the research was conducted in the Polish banking sector. Methods: In order to evaluate image and reputation, the survey method was used aimed at the customers of banks operating on the Polish market. Findings & Value added: Reputation and image are two separate, intangible assets that support each other and the company needs each of them to build its competitive advantage. The results of empirical study allowed formulating the thesis that the banks, whose reputation is rated better by the customers, also have a better and more coherent image in their minds.

8

Koncentracja sektora bankowego w Polsce na progu nowej perspektywy finansowej Unii Europejskiej

80%

Lipski M.

Zeszyty Naukowe PWSZ w Płocku. Nauki Ekonomiczne

|

2015

|

vol. 2(22)

157-164

EN

The aim of the paper is to present concentration changes in the Polish banking sector, as well as an attempt of further trends indication. In the analysis, the following concentration measures were used: CR5 ratio and Herfindahl-Hirschman ratio. Before the evaluation of the market structure, in the paper there is a short synthesis of the most important aspects determining interpretation of the results and giving wider perception at which point of development the analysed banking market in Poland is. Conducted analysis points out that the Polish banking sector presents lower level of concentration than sectors in most countries of the EU15 and in other countries of the Central-Eastern Europe. In the following years further consolidation processes should be expected. The scale and pace of these changes will be also influenced by the view of the Polish Financial Supervision Authority.

9

Impact of digitization and mobile banking on the banking sector structure in Poland

80%

Kozak S., Golnik B.

Zeszyty Naukowe UPH seria Administracja i Zarządzanie

|

2020

|

vol. 54

|

issue 127

5-11

EN

The article presents the results of examining the changes that have occurred in connection with the digitization of banking in Poland and its impact on this segment. The data is taken from the National Bank of Poland, the Polish Financial Supervision Authority, and the Prnews.pl website. A descriptive, statistical and Pearson correlation method were used. The results indicate an increasing share of customers using banking products in a digital way. The number of both website and mobile applications customers is growing. Despite the general increase in the number of people using banks, the number of bank branches as well as the employees working them has decreased. Mobile applications may soon become the main sales and service channel for banking products, the number of customers of banks using them regularly increases. In fact, the rise in digitization for banking and the decrease in the number of branches and employees are strongly correlated. The increasing usage of online and mobile banking is influenced by convenience, availability, and a reduction in the time customers spend on purchasing and servicing their products. Banks are interested in developing these types of services in order to both meet the changing needs of customers and to save on operating costs.

10

Etyka doradców bankowych a ograniczanie wykluczenia finansowego klientów sektora bankowego

80%

Świeszczak K., Świeszczak M.

Społeczeństwo i Edukacja. Międzynarodowe Studia Humanistyczne

|

2016

|

issue 2(21)

461-469

EN

Advising is one of the fundamental duties of employees of banks, who sell financial products and services. It plays a key role in the context of making more rational decisions by customers, and most importantly it is not always a synonymous to the sale of banking products and services. The role of the bank advisor also includes an educational component associated with raising the level of financial awareness and substantive knowledge in the field of economics and finance. These activities can contribute both to perform the tasks of each employee of the bank, as well as limit the phenomenon of financial exclusion, at the basis of which is limited access to the individual banking products and services. The purpose of this article is to present the role of bank advisor in reducing the negative consequences of financial exclusion as well as to introduce point of views of bank advisors about the advising that they provide to clients in the banking sector.

11

PKO Bank Polski as an institution of systemic importance for the development of the Polish economy

80%

Włodarczyk B.

Nauki o Finansach

|

2014

|

issue 4(21)

62-80

EN

PKO Bank Polski is the biggest bank in the banking sector in Poland. It owns the major part of Polish banking capital. It dominates in financing households and enterprises of all sectors and participates in the biggest infrastructural projects. The condition and activity of PKO BP greatly influences the national economy, and therefore the economic growth. It is an important institution connected to the financial security of the real and financial spheres in Poland. The comparative analysis of the activity of PKO BP compared to its competitors showed the bank’s stable position but also the necessity of changes in order to keep the correct parameters of activity and its position as a leader in the Polish banking market.

12

Assessment of Composite Leading Indicators Usefulness in Forecasting Loans and Deposits Cyclical Fluctuations

80%

Garczarczyk J., Skikiewicz R.

Prace i Materiały Instytutu Rozwoju Gospodarczego SGH

|

2011

|

vol. 86:Business Surveys, Business Cycles. Polish Contribution to the 30th CIRET Conference

135-160

EN

The article has been focused on the application of the business cycle barometers for predicting the cyclical fluctuations of the two main categories in the banking market in Poland - PLN loans and PLN deposits. The barometers built for the first time for the Polish banking sector are based on sets of indicators, including both quantitative variables (official statistics data) and qualitative (among others derived from the business tendency survey conducted in the banking sector). Among the components of barometers both macro-economic indicators for the whole economy, as well as the variables from the financial sector and other sectors (including industry and trade) were used. The main aim of the article has been an evaluation of the characteristics of various types of composite leading indicators constructed on the basis of differentiated sets of variables. Then an attempt to construct three types of barometers: with the short, medium and long lead was made. In addition, the best composite leading indicators for each reference variable - PLN loans and PLN deposits were chosen.

13

The impact of the banking sector crisis upon the Ukrainian investment fund market

80%

Trzebiński A. A.

Nauki o Finansach

|

2017

|

issue 2(31)

92-101

EN

This study is an attempt at evaluating the impact of the banking sector crisis of 2014-2016 upon the Ukrainian market of investment funds. The analyses cover a period between 2004 and the 2nd quarter of 2016, to illustrate the trend of changes observed on the market under study. The main focus of research was placed on platforms shared between the banking sector and the investment fund sector, such as the investment of free fund assets in bonds and shares issued by banking institutions or the use of financial instruments targeted to specific investor groups). Based on the findings, it may be concluded that the force of the systemic crisis’ impact upon the market of investment funds was related to the type of investment funds under examination. The effects of the sector’s decline were clearly reflected in the operation of open-end funds and interval funds, as evidenced by sizeable reductions of both their net assets and rates of return. For other types of investment funds, the researchers found no evidence of any impact in this respect

14

Evaluating the nexus between financial deepening and economic growth: evidence from Ukraine

80%

Kondrat I., Kots O.

Nauki o Finansach

|

2018

|

issue vol. 23 no. 1

49-64

EN

In this paper systemic problems of Ukrainian banking sector are reviewed and the solutions are offered. The main objective of the study is to examine the relationship between a financial deepening and economic growth in Ukraine by estimating several multiple regression models over the 1993 to 2015 period. A real GDP growth per capita was used as an indicator for the economic growth. The domestic credit to private sector (% of GDP) was used as an index of financial depth. The study concludes that financial deepening causes a slight impact on the economic growth of Ukraine. A low level of impact is an indicator of a limitedness of lending to the real economy. This means that banking sector has not become the real driving force of the economic growth in Ukraine yet. The study suggests a statement that policy makers should design the policies which will encourage lending especially high tech production, small and mid-size business, micro financing to the real economy to promote economic growth and increase employment.

15

Do institutional and political factors matter for the efficiency of banking sectors?

80%

Olszak M. A., Chodnicka P.

Journal of Banking and Financial Economics

|

2014

|

issue 1(1)

40-58

EN

This paper investigates the relevance of banking- sector- specific and macroeconomic determinants of profitability of 21 banking sectors over the years 1995-2009. In the analysis we apply the Arellano and Bond GMM-estimator to aggregated data collected in a harmonized way by the OECD, to find out whether banking-sector-specific and macroeconomic determinants which significantly affect the efficiency of individual banks, are also of great importance to the profitability (proxied by ROA and ROE ratios) of banking sectors. Our results suggest that banking-sector-specific determinants affect the efficiency of banks in the anticipated way. Macroeconomic variables have a statistically-significant impact on both ROA and ROE. The sensitivity of efficiency to both groups of determinants depends on institutional and political criteria.

16

Foreign Direct Investment In The Banking Sector In New EU Member States: Social Responsibility Of Banks

80%

Witkowska J.

Comparative Economic Research. Central and Eastern Europe

|

2013

|

vol. 16

|

issue 4

7-21

EN

This paper discusses the performance and strategies of banks with foreign participation in the new EU Member States and their attitudes towards socalled ‘socially responsible finance’. The banking sector in the analyzed countries (Czech Republic, Poland and Slovakia) is dominated by foreign capital. The global financial crisis caused a decrease in new annual FDI inflows into the financial intermediation and banking sector of these countries. Some disinvestment occurred in Slovakia and Poland. The foreign-owned banks already operating in the analyzed countries undertook some organizational and financial adjustments to the global economic crisis that allowed them to secure their own position in recipient countries. They are involved in socially responsible activities in the field of culture, sport, environmental protection etc. As trust-based financial institutions. they also showed a kind of responsibility in the field of finance when the crisis occurred.

17

CORPORATE REPUTATION AND CUSTOMER LOYALTY AS THE MEASURES OF COMPETITIVE ENTERPRISE POSITION – EMPIRICAL ANALYSES ON THE EXAMPLE OF POLISH BANKING SECTOR

80%

Szwajca D.

Oeconomia Copernicana

|

2016

|

vol. 7

|

issue 1

91-106

EN

In order to determine the competitive position of a company not only the traditional measures of market position (market share) and financial position (financial ratios) are used, but also the qualitative measures concerning intangible resources. Customer satisfaction and customer loyalty are the two most commonly applied qualitative measures. Due to the growing importance of intangible resources, and of reputation in particular, the need arises to use the reputation indicator as a measure of competitive position in achieving a long-term competitive advantage and building the enterprise value. The purpose of this article is to identify the competitive position indicated by the level of corporate reputation in comparison with the customer loyalty indicator and the most popular traditional measures based on the example of banking sector. For calculation of qualitative measures the method of survey was used, conducted among the retail banking customers. The study showed a weak relationship between reputation and loyalty: the banks that received the highest ratings of reputation, obtained the poorest results in terms of loyalty. Due to the limited subjective and methodological scope of research, the results cannot constitute a sufficient basis to prove this thesis, however, they may constitute a good starting point for conducting broader research in this area.

18

The Processes of Consolidation and Effectiveness of Commercial Banks in the Years 2008-2013

80%

Gałecka A.

Olsztyn Economic Journal

|

2015

|

vol. 10

|

issue 2

173-184

EN

The paper analyzes the mergers and acquisitions in the banking sector in Poland, and determined their impact on the structure of the sector and its effectiveness. The analysis was conducted between 2008 and 2013. In the analyzed sector was found growing concentration of capital in the form of mergers and acquisitions. All indications are that this trend will be maintained in subsequent years. Dominant share in the Polish banking sector are entities controlled by foreign investors, but in the period has been a slight decrease in this regard. In the analyzed period made as a result of mergers and acquisitions, we can observe an increase of concentration of the banking sector. In the period 2008-2013 there was a decrease in effectiveness of commercial banks; operation, which was caused by deteriorating macroeconomic situation. It can be said that the continuous consolidation processes in the period 2008-2013 have not influenced an improvement of financial results in the analysed sector, but the effects of these processes can be seen only in the long term.

19

Public Trust – A Bank’s Non-financial Capital

80%

Szustak G., Szewczyk Ł.

Argumenta Oeconomica Cracoviensia

|

2020

|

issue 2(23)

81-103

EN

Objective: The article is devoted to an important determinant of a bank’s success, which is public trust and the bank’s ethics in relation to employees and external stakeholders, especially customers. The aim of the article is to analyse the concept of the institution of public trust – with particular emphasis on business ethics and critical verification of the legitimacy of assigning this feature to banks – in the context of a diagnosis of the level of trust towards banks and the reasons for customer attachment in the banking sector. Research Design and Methods: A review of the subject-literature and various reports is conducted in order to identify the dimensions of public trust as a factor which determines a bank’s activity. In order to examine opinions about the ethical behaviour of banks operating in Poland, the authors conducted a survey among students of the University of Economics in Katowice in May 2020. The survey was addressed to full- -time and part-time masters degree students from all faculties. Findings: The most important conclusion from the study is that the factors which have an impact on a bank’s ethical behaviour are diverse. The most important among them are connected with the new role of banks in the economy and legal regulations affecting their behaviour. Factors that foster unethical behaviour were also identified, with the pressure to create a sales plan playing the most prominent role. Implications/Recommendations: Customer trust in conventional and remote forms of contact with banks has not been addressed, although it certainly has an impact on trust in banks and on the durability of the customers’ relationships with banks. This opens up the possibility for broader research in the future. Contribution: The article gives a specific perspective on the issue of trust in banks. It looks at the issue from a perspective of students, who are generally seen as economically aware and who have a high level of knowledge about the behaviour of banks.

20

The banking sector as the absorber of the COVID-19 crisis' economic consequences: perception of WSE investors

80%

Bernardelli M., Korzeb Z., Niedziółka P.

Oeconomia Copernicana

|

2021

|

vol. 12

|

issue 2

335-374

EN

Research background: The paper focuses on the research of investors' decisions with regard to shares of all 12 banks listed on the Warsaw Stock Exchange during the first half of 2020. It examines the behavior of a subindex reflecting bank shares' prices against the main WIG index WIG and 14 sector subindices. The authors identify groups of banks with different investors? responses. They also classify banks into separate groups on the basis of changes in the fundamental indicators describing their economic and financial performance. The study concentrates mainly on the verification of the stability of this attribution, explaining reasons for its modifications over time. Purpose of the article: To identify the characteristics of bank clusters determining different capital market responses to their listed shares and to explain the reasons for volatility in investors' behavior within the analyzed period. Methods: The methodology of the research can be described in three areas. The first is the statistical analysis with the emphasis on the use of a quarter range to capture changes in the volatility of share prices. The second area is the clustering k-means method based on the interpolated - from quarterly to daily - measures of the bank's financial condition. This mathematical approach is a novelty in finance and economics. The last, third, area is forecasting with the use of linear regression analysis, which is the key factor in determining the abnormal rates of return. The indicated areas are combined through a generally understood correlation analysis. Findings & value added: Large retail banks have been less affected compared to medium-sized ones with relatively rich corporate portfolios. The initial market reaction reflected concern about the resistance to the crisis of poorly capitalized banks with mean liquidity buffers. Upon the announcement of government support, investors' approach to the shares of banks of differentiated economic and financial performance conformed accordingly. These findings are valuable in the long term especially from the perspective of supervision authorities' policy during external shocks. The presented study suggests designing flexible and tailor-made regulatory approach aligned with the defined bank clusters. Its value added also consists in proposing a new method of analysis, combining interpolation and automatic clustering, which has proved to be adequate for the study of a bank's financial condition based on daily frequency data. Furthermore, assuming the same length of the estimation window, a close relationship is shown between the results of clustering and the forecasts based on different measures of rates of return.

Refine search results