Published : 2019-03-29

The group recovery plans of cooperative banking mutual solidarity systems

Abstract

This paper is devoted to the issue of rights and obligations related to group recovery plans of mutal solidarity systems of co-operative banks, ie. institutional protection scheme or integrated associations. The legislator allows the creation of group plans to prevent the threat of bankruptcy of banks forming the solidarity system. The group recovery plan replaces, but does not exclude, individual recovery plans for co-operative banks beloging to the mutal solidarity systems. However, the group recovery plan is not the sum of individual recovery plans of the banks forming the mutual solidarity system.Key words: co-operative banking, mutal solidarity systems of co-operative banks, institutional protection scheme, recovery plan, group recovery plan

Keywords:

cooperative banking, solidarity systems of cooperative banks, institutional protection system, recovery plans, group recovery plans

JEL Codes

G28, G33


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Szczęśniak, P. (2019). The group recovery plans of cooperative banking mutual solidarity systems. Safe Bank, 74(1), 64–75. https://doi.org/10.26354/bb.3.1.74.2019

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