"An appropriate reaction from public institutions in those countries will I think reassure other entities on international markets." The Polish regulator, the Financial Supervision Authority, also said the local banking sector remains resilient.
"According to available data and the assessment by the
Polish Financial Supervision Authority, the capital and
liquidity position of the Polish banking sector remains stable,"
it said in an emailed answer to Reuters' questions.
The global banking sector lurched into crisis earlier in
March with the failure of U.S. lenders Silicon Valley Bank (SVB)
and Signature Bank , before ensnaring its biggest name
yet in Credit Suisse.
In a global response not seen since the height of the
pandemic, top central banks promised over the weekend to provide
dollar liquidity to stabilise the financial system.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
WRAPUP 9-Bank shares rise after Credit Suisse rescue eases
crisis WRAPUP 2-European bank shares rally, bonds battered after Credit
Suisse debt wipeout WRAPUP 22-Central banks try to calm markets after UBS deal to
buy Credit Suisse WRAPUP 2-Global central banks open daily dollar taps to help
banks WRAPUP 15-Major US banks inject $30 bln to rescue First Republic
Bank ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Anna Wlodarczak-Semczuk, Pawel Florkiewicz and
Gergely Szakacs; Editing by Bernadette Baum, Christina Fincher
and Nick Zieminski)
