Struktura akcjonariatu a polityka kredytowa w bankach Europy Centralnej
Shareholder Structure and Credit Policy in Central European Banks

Summary/Abstract: The aim of our paper is a preliminary analysis of credit policy of Central European banks, with a particular emphasis on shareholder structure. The study includes a literature review relating to credit policy, describing links between shareholder structure and credit policy, visible mainly during periods of financial crises. A preliminary analysis of data from commercial banks form 10 Central European countries for the period 2003–2013 indicates that there are significant differences in credit policy of banks with a foreign and domestic shareholder. As a result of the financial crisis, banks with foreign ownership are demonstrated to have reduced their credit supply more than domestic banks. On the other hand, asset quality in foreignheld banks has been higher in recent years, which has allowed them to create less loan loss provisions than domestic peers.

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