Short-term loans for enterprises in the conditions of financial crisis Cover Image

Krótkoterminowe kredyty bankowe dla przedsiębiorstw w warunkach kryzysu finansowego
Short-term loans for enterprises in the conditions of financial crisis

Author(s): Paweł Mikołajczak
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: financial crisis; short term funding; bank credit; GDP

Summary/Abstract: The economic slowdown in Poland, which is mainly a consequence of the ongoing global financial crisis since 2008, exposed Polish firms to the danger of loss of liquidity risk arising among others from the deteriorating financial condition of companies and limited access to short-term finance. It determines not only the proper functioning of any enterprise, but often the ability of surviving on the market. The article presents the results of analyzes of relationship between the dynamics of changes in different types of short-term loans and the gross domestic product. It also presents the most important types of financial crises and the factors that determine them. An attempt was made to present the credit policy of banks to changes in the economic situation in Poland.

  • Issue Year: 2014
  • Issue No: 2 (19)
  • Page Range: 122-137
  • Page Count: 16
  • Language: Polish