Liquidity Ratios of Polish Commercial Banks
As liquidity problems of some banks during global financial crisis reemphasized, liquidity is very important for functioning of financial markets and the banking sector. The aim of this paper is therefore to evaluate comprehensively the liquidity positions of Polish commercial banks via five different liquidity ratios in the period of 2001- 2011 and to find out whether the strategy for liquidity management differs by the size of the bank. The results enable us to conclude that liquidity of Polish banks has decreased in recent years, partly as a result of higher lending activity but mainly due to the financial crisis. Almost all Polish banks are sensitive to potential massive deposit withdrawals. Only some banks finance their lending activity by deposits; most banks are dependent on other sources of finance. Large and medium sized banks rely on the interbank market or on a liquidity assistance of the Lender of Last Resort, small banks hold buffer of liquid assets.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 2013 (2013)
Issue (Month): 3 ()
|Contact details of provider:|| Postal: nam. W. Churchilla 4, 130 67 Praha 3|
Phone: (02) 24 09 51 11
Fax: (02) 24 22 06 57
Web page: http://www.vse.cz/
More information through EDIRC
|Order Information:|| Postal: European Financial and Accounting Journal, University of Economics, Prague, nám. W. Churchilla 4, 130 67 Prague 3, Czech Republic|
Web: http://www.vse.cz/efaj/ Email:
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Irina Bunda & Jean-Baptiste Desquilbet, 2008.
"The bank liquidity smile across exchange rate regimes,"
International Economic Journal,
Taylor & Francis Journals, vol. 22(3), pages 361-386.
- Irina Bunda, 2003. "The Bank Liquidity Smile across Exchange Rate Regimes," Post-Print halshs-00285514, HAL.
- Irina Bunda, 2003. "The Bank Liquidity Smile across Exchange Rate Regimes," Post-Print halshs-00285509, HAL.
- Irina Bunda, 2003. "The Bank Liquidity Smile across Exchange Rate Regimes," Post-Print halshs-00285513, HAL.
- Irina Bunda, 2003. "The Bank Liquidity Smile across Exchange Rate Regimes," Post-Print halshs-00285510, HAL.
- Irina Bunda & Jean-Baptiste Desquilbet, 2003. "The Bank Liquidity Smile across Echange Rate Regimes," Post-Print halshs-00285478, HAL.
- Irina Bunda & Jean-Baptiste Desquilbet, 2008. "The Bank Liquidity Smile Across Exchange Rate Regimes," Post-Print halshs-00372803, HAL.
- Alin Marius Andries, 2009. "A comparative analysis of performance and soundness indicators of the main Romanian banks," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 56, pages 45-70, November.
- Praet, P. & Herzberg, V., 2008. "Market liquidity and banking liquidity: linkages, vulnerabilities and the role of disclosure," Financial Stability Review, Banque de France, issue 11, pages 95-109, February.
- Moore, Winston, 2009. "How do financial crises affect commercial bank liquidity? Evidence from Latin America and the Caribbean," MPRA Paper 21473, University Library of Munich, Germany.
- Ghosh, Saibal, 2010. "Credit Growth, Bank Soundness and Financial Fragility: Evidence from Indian Banking Sector," MPRA Paper 24715, University Library of Munich, Germany.
- Rupert D Worrell & Andrea M. Maechler & Srobona Mitra, 2007. "Decomposing Financial Risks and Vulnerabilities in Eastern Europe," IMF Working Papers 07/248, International Monetary Fund.
- Natalia T Tamirisa & Deniz O Igan, 2008. "Are Weak Banks Leading Credit Booms? Evidence from Emerging Europe," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 50(4), pages 599-619, December. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:prg:jnlefa:v:2013:y:2013:i:3:id:105. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Frantisek Sokolovsky)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.