The impact of bank lending channel on separate loan portfolios in Poland

The paper supplements the research on the effectiveness of monetary policy transmission - especially through the bank lending channel. The current study focuses on assessing the transmission of monetary impulses through individual loan portfolios, while distinguishing between the fact that they were granted by commercial and cooperative banks. Finding the answer to the question how a change in the central bank's interest rates may determine a change in the volume of loans in the economy remains the core of the research.