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Bank Industry Risk Analysis: Poland Apr 98
Standard & Poors, April 1998
Abstract SOVEREIGN RATINGS Poland (Republic of) Local currencyA-/Positive/A-1 Foreign currencyBBB-/Positive/A-3 BASIC DATA Number of banks 1,475 (81 commercial and 1,394 cooperative banks) System deposits Polish zloty (PLN) 114 billion (US$40 billion) Deposits per capita PLN2,948 (US$1,027) Exchange rate PLN/US$2.87 Form of regulation The General Inspectorate of Banking Supervision (GINB), a separate organizational unit from the National Bank of Poland (NBP), reporting to the newly created Banking Supervision Commission. The GINB was previously a division of the NBP, an independent central bank. Bank Superintendent The Director of the GINB is Ms. Ewa Sleszynska-Charewicz. The President of the NBP is Ms. Hanna Gronkiewicz-Walz. The NBP president is appointed by the Sejm for a six-year term of office. The transition of Poland's banking sector...
Companies mentioned in this report are: Deutsche Bank AG,Swedbank AB,Commerzbank AG,JPMorgan Chase & Co.,European Bank for Reconstruction and Development,Hungary,Zurich Insurance Co. Group,Czech Republic,Poland (Republic of),BRE Bank S.A. (Unsolicited Ratings),Powszechna Kasa Oszczednosci Bank Polski S.A. (Unsolicited Ratings),Kredyt Bank S.A. (Unsolicited Ratings),Bank Gospodarki Zywnosciowej S.A.
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