The Process of Capital Consolidation and Concentration As Determinations of Development of the Banking System in Poland
The Process of Capital Consolidation and Concentration As Determinations of Development of the Banking System in Poland
Author(s): Sylwia Gwoździewicz, Dariusz ProkopowiczSubject(s): Economy
Published by: Społeczna Akademia Nauk
Keywords: globalization; internationalization; consolidation of capital; the concentration of capital; the financial system; the banking system; socio-economic development
Summary/Abstract: In connection with the system and socio-economic transformation which hasbeen initiated in Poland after 1989, intensified globalization processes take place in variousspheres of economy, including the field of banking. Financial institutions including commercialbanks are the entities which face not only the processes of globalization but aboveall co-create these processes. The key attributes of globalization include deregulationprocesses, computerization and internationalization. Currently operating financial systemin Poland, including the banking sector, is among the best ones to meet EU standards andsimultaneously globalized sectors of the economy. The key date for this issue was 2004,where Poland made an accession to the European Union structures.
Journal: Przedsiębiorczość i Zarządzanie
- Issue Year: 18/2017
- Issue No: 10
- Page Range: 101-110
- Page Count: 10
- Language: English