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Economic Perspectives, Vol. 21, 2nd, No. 2, March 1997
Banking reform in a transition economy: The case of Poland

Polish banks have been weakened by large loan losses and low capital. Recapitalization and better economic conditions have strenghened the industry, but problems remain, especially among some large state-owned banks. Continued improvement of the banking system will require additional domestic or foreign capital strengthen reserves and to modernize operations.

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