Financial Sector Assessment Program - Poland : Housing Finance Technical Note

Show simple item record

collection.link.72
https://openknowledge.worldbank.org/handle/10986/2180
collection.name.72
Financial Sector Assessment Program
dc.contributor.author
World Bank
dc.date.accessioned
2014-03-25T18:21:49Z
dc.date.available
2014-03-25T18:21:49Z
dc.date.issued
2014-01
dc.date.lastModified
2021-04-23T14:03:37Z
dc.description.abstract
This note primarily addresses the mortgage market development objectives, although the regulator is encouraged to consider the use of the macro prudential tools at its disposal for institutional and systemic stability of the mortgage sector as the current portfolio outstanding is large and risky and thus presents a negative performance outlook. The rest of the material is structured as follows. Firstly, brief background information on recent Polish mortgage sector evolution provides context. Secondly, details of certain regulatory initiatives are discussed with the view on potential strengthening. Thirdly, suggestions for modernization of certain features of the current capital market funding framework are provided; specifically on expanding the issuance of Mortgage Covered Bond (MCBs) to the universal banks as well as bringing the framework in line with the latest global best practices.
en
dc.identifier
http://documents.worldbank.org/curated/en/2014/01/19062508/poland-financial-sector-assessment-program-housing-finance-technical-note
dc.identifier.uri
http://hdl.handle.net/10986/17359
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ALLOCATION OF CAPITAL
dc.subject
AMORTIZATION
dc.subject
ARBITRAGE
dc.subject
ASSET BACKED SECURITIES
dc.subject
ASSET CLASS
dc.subject
ASSET LIABILITY MANAGEMENT
dc.subject
ASSET POOL
dc.subject
ASSET POOLS
dc.subject
ASSET PRICE
dc.subject
ASSET PRICES
dc.subject
ASSET QUALITY
dc.subject
AVAILABILITY OF CREDIT
dc.subject
BAILOUT
dc.subject
BALANCE SHEET
dc.subject
BALANCE SHEETS
dc.subject
BANK INVESTORS
dc.subject
BANK LIQUIDITY
dc.subject
BANK SUPERVISION
dc.subject
BANKING REGULATION
dc.subject
BANKING SECTOR
dc.subject
BANKING SYSTEM
dc.subject
BANKRUPTCY
dc.subject
BOND
dc.subject
BOND ISSUANCE
dc.subject
BOND ISSUER
dc.subject
BOND ISSUERS
dc.subject
BONDHOLDERS
dc.subject
BONDS
dc.subject
BORROWER
dc.subject
BROKERS
dc.subject
BULLET REPAYMENTS
dc.subject
CAPACITY CONSTRAINTS
dc.subject
CAPITAL ADEQUACY
dc.subject
CAPITAL ALLOCATION
dc.subject
CAPITAL MARKET
dc.subject
CAPITAL MARKET DEVELOPMENT
dc.subject
CAPITAL MARKET TRANSACTIONS
dc.subject
CAPITAL MARKETS
dc.subject
CAPITAL REQUIREMENTS
dc.subject
CASH FLOWS
dc.subject
CENTRAL BANK
dc.subject
CENTRAL BANKS
dc.subject
CHECKS
dc.subject
COLLATERAL POOLS
dc.subject
COLLATERALIZATION
dc.subject
COLLECTIVE INVESTMENT
dc.subject
COMMERCIAL MORTGAGE
dc.subject
COMMERCIAL MORTGAGES
dc.subject
CONFLICTS OF INTEREST
dc.subject
CONSUMER CREDIT
dc.subject
CONSUMER PROTECTION
dc.subject
CREDIT AGENCY
dc.subject
CREDIT INSTITUTION
dc.subject
CREDIT INSTITUTIONS
dc.subject
CREDIT MARKETS
dc.subject
CREDIT QUALITY
dc.subject
CREDIT RATING
dc.subject
CREDIT RATINGS
dc.subject
CREDIT RISK
dc.subject
CREDIT RISKS
dc.subject
CREDITORS
dc.subject
CURRENCY
dc.subject
CURRENCY RISK
dc.subject
DEBT
dc.subject
DEBT INSTRUMENTS
dc.subject
DEBT SECURITIES
dc.subject
DEFAULTS
dc.subject
DEPOSIT
dc.subject
DEPOSIT INSURANCE
dc.subject
DEPOSIT TAKING INSTITUTIONS
dc.subject
DEPOSITORS
dc.subject
DEPOSITS
dc.subject
DERIVATIVES
dc.subject
DISCLOSURE REQUIREMENTS
dc.subject
DUE DILIGENCE
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
EMERGING ECONOMIES
dc.subject
EMERGING MARKETS
dc.subject
ENABLING ENVIRONMENT
dc.subject
EXTERNAL CREDIT ENHANCEMENT
dc.subject
EXTERNAL CREDIT RATINGS
dc.subject
FEDERAL DEPOSIT INSURANCE
dc.subject
FINANCIAL CRISIS
dc.subject
FINANCIAL INSTITUTION
dc.subject
FINANCIAL MARKETS
dc.subject
FINANCIAL STABILITY
dc.subject
FINANCIAL SYSTEM
dc.subject
FINANCIAL SYSTEMS
dc.subject
FIXED INCOME
dc.subject
FORECLOSURE
dc.subject
FORECLOSURE PROCEDURES
dc.subject
FOREIGN BANKS
dc.subject
FOREIGN EXCHANGE
dc.subject
FOREIGN INVESTORS
dc.subject
GLOBAL MARKET
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
HEDGE FUNDS
dc.subject
HOLDING
dc.subject
HOME MORTGAGE
dc.subject
HOUSING FINANCE
dc.subject
INCOME INSTRUMENTS
dc.subject
INDIVIDUAL LOAN
dc.subject
INFLATION
dc.subject
INFORMATION ASYMMETRY
dc.subject
INFORMATION TECHNOLOGY
dc.subject
INSTITUTIONAL CAPACITY
dc.subject
INSTITUTIONAL DEVELOPMENT
dc.subject
INSTITUTIONAL INVESTORS
dc.subject
INSTRUMENT
dc.subject
INSURANCE
dc.subject
INSURANCE CORPORATION
dc.subject
INSURANCE PRODUCT
dc.subject
INSURANCE PRODUCTS
dc.subject
INTEREST RATE
dc.subject
INTEREST RATE CALCULATION
dc.subject
INTEREST RATE SWAPS
dc.subject
INTEREST RATE VOLATILITY
dc.subject
INTEREST RATES
dc.subject
INTERNATIONAL BANK
dc.subject
INTERNATIONAL INVESTORS
dc.subject
INVESTMENT REGIME
dc.subject
INVESTOR CONFIDENCE
dc.subject
INVESTOR INTEREST
dc.subject
IRREGULAR INCOMES
dc.subject
ISSUANCE
dc.subject
LEGAL AGREEMENTS
dc.subject
LEGAL FRAMEWORK
dc.subject
LEGAL PROVISIONS
dc.subject
LEGISLATIVE FRAMEWORK
dc.subject
LENDER
dc.subject
LENDERS
dc.subject
LEVEL OF RISKS
dc.subject
LIABILITY
dc.subject
LIABILITY COMPOSITION
dc.subject
LIQUID ASSETS
dc.subject
LIQUIDITY
dc.subject
LIQUIDITY RATIOS
dc.subject
LIQUIDITY RISK
dc.subject
LOAN
dc.subject
LOAN AMOUNT
dc.subject
LOAN PORTFOLIOS
dc.subject
LOAN QUALITY
dc.subject
LOAN STOCK
dc.subject
LOAN TERM
dc.subject
LOAN TERMS
dc.subject
LOCAL CURRENCY
dc.subject
LONG-TERM CAPITAL
dc.subject
LONG-TERM INVESTORS
dc.subject
MARKET ACCESS
dc.subject
MARKET DEVELOPMENT
dc.subject
MARKET DISTORTIONS
dc.subject
MARKET INFRASTRUCTURE
dc.subject
MARKET INTERMEDIARY
dc.subject
MARKET MAKING
dc.subject
MARKET PARTICIPANTS
dc.subject
MARKET PRACTICES
dc.subject
MARKET RISK
dc.subject
MARKET SHARE
dc.subject
MARKET SIZE
dc.subject
MARKET STABILITY
dc.subject
MARKET STRUCTURE
dc.subject
MARKET VALUE
dc.subject
MARKETABLE SECURITIES
dc.subject
MATURITIES
dc.subject
MATURITY
dc.subject
MORAL HAZARD
dc.subject
MORTGAGE
dc.subject
MORTGAGE FINANCE
dc.subject
MORTGAGE LOAN
dc.subject
MORTGAGE LOANS
dc.subject
MORTGAGE MARKET
dc.subject
MORTGAGE MARKETS
dc.subject
MORTGAGES
dc.subject
NON-PERFORMING LOAN
dc.subject
NON-PERFORMING LOANS
dc.subject
NPL
dc.subject
PENSION
dc.subject
PENSION FUNDS
dc.subject
PORTFOLIO
dc.subject
PORTFOLIO ALLOCATIONS
dc.subject
PORTFOLIO DIVERSIFICATION
dc.subject
PORTFOLIO MANAGEMENT
dc.subject
PORTFOLIO PERFORMANCE
dc.subject
PORTFOLIO RISK
dc.subject
PORTFOLIO RISK MANAGEMENT
dc.subject
PORTFOLIO RISKS
dc.subject
PORTFOLIOS
dc.subject
PREPAYMENT
dc.subject
PRICE FORMATION
dc.subject
PROVISIONING RULES
dc.subject
PRUDENTIAL REGULATIONS
dc.subject
REAL ESTATE COLLATERAL
dc.subject
REGULATORY FRAMEWORK
dc.subject
REGULATORY FRAMEWORKS
dc.subject
REGULATORY OVERSIGHT
dc.subject
REGULATORY PRACTICES
dc.subject
REPAYMENT
dc.subject
REPAYMENT CAPACITY
dc.subject
REPO
dc.subject
RESERVES
dc.subject
RESIDENTIAL MORTGAGE
dc.subject
RESIDENTIAL MORTGAGES
dc.subject
RETURNS
dc.subject
RISK FACTORS
dc.subject
RISK MANAGEMENT
dc.subject
RISK PROFILE
dc.subject
RISKY ASSETS
dc.subject
SECONDARY TRADING
dc.subject
SHORT-TERM DEPOSIT
dc.subject
SOLVENCY
dc.subject
SOVEREIGN DEBT
dc.subject
SOVEREIGN RATING
dc.subject
SOVEREIGN RISK
dc.subject
STOCK EXCHANGE
dc.subject
SWAP
dc.subject
TAX
dc.subject
TIMELY PAYMENT
dc.subject
TRANCHES
dc.subject
TRANSACTION
dc.subject
TRANSPARENCY
dc.subject
TRUSTEE
dc.subject
UNDERLYING ASSETS
dc.subject
UNDERLYING MORTGAGES
dc.subject
UNIVERSAL BANKS
dc.subject
VALUATION
dc.title
Financial Sector Assessment Program - Poland : Housing Finance Technical Note
en
okr.date.disclosure
2014-02-21
okr.doctype
Economic & Sector Work :: Financial Sector Assessment Program (FSAP)
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2014/01/19062508/poland-financial-sector-assessment-program-housing-finance-technical-note
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000333037_20140221104556
okr.identifier.internaldocumentum
19062508
okr.identifier.report
85005
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/02/21/000333037_20140221104556/Rendered/PDF/850050FSAP0P130ousingFinance0Public.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Poland
okr.sector
Finance :: General finance sector
okr.theme
International financial standards and systems
okr.theme
Financial and private sector development
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
Banks and Banking Reform
okr.topic
Private Sector Development :: Emerging Markets
okr.topic
Finance and Financial Sector Development :: Bankruptcy and Resolution of Financial Distress
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.unit
Financial Sector Assessment Prog (FFSFP)
okr.volume
1 of 1

Show simple item record



This item appears in the following Collection(s)