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Macroprudential policy in Poland

Author

Listed:
  • Mateusz Mokrogulski

    (Warsaw School of Economics)

Abstract

The main objective of this paper is to present macroprudential measures introduced in Poland compared to other EU Member States. Macroprudential policy is applied to strengthen the resilience of the financial system in case of materialisation of systemic risk and to support long-term sustainable economic growth. In Poland a lot of effort has been made to address the problem of Swiss franc loans. Due to increasing risk weights for FX portfolios, banks have to maintain much more capital to address systemic risk compared to domestic-currency portfolios. Other macroprudential policy instruments were set to evaluate the systemic importance of large banks operating in Poland. Nevertheless, supervisory authorities from Central and Eastern European countries do not have full flexibility in implementing macroprudential policy instruments.

Suggested Citation

  • Mateusz Mokrogulski, 2019. "Macroprudential policy in Poland," Proceedings of Economics and Finance Conferences 9511877, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iefpro:9511877
    as

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    File URL: https://iises.net/proceedings/12th-economics-finance-conference-dubrovnik/table-of-content/detail?cid=95&iid=017&rid=11877
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    macroprudential policy; capital buffer; risk weights; banking sector; systemic risk; financial stability;
    All these keywords.

    JEL classification:

    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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