Polish Banking Market Consolidation in 2009-2013

Abstract

From the beginning of the 90’s Polish banking sector has been undergoing radical changes, especially due to consolidation and concentration processes taking place in the sector. Foreign banks have been active participants in the process, taking over a large share of the Polish financial sector by privatization and takeover of Polish banks. The paper describes the consolidation processes taking place in the Polish banking sector, the role of foreign banks in the processes, as well as the impact of fusions and takeovers on the sector’s development. The main purpose of the article is to show last concentration processes in the polish banking sector and their influence on the sector development.