Home and Host Supervisors’ Relations— A Host Supervisor’s Perspective

Abstract

As in other Central, Eastern, and South-eastern European (CEE) countries, almost all major domestic banks have been privatized and sold to foreign banks in Poland. As a result, foreign banks dominate the banking sector in Poland through their subsidiaries and branches. All the major banks are listed on the Warsaw Stock Exchange and have local minority shareholders. Overall, foreign banks control more than 67 percent of Polish banking assets (Figure 22.1). As in the Czech Republic, Hungary, and other CEE countries, almost all systemic banks are foreign-owned.