Malgorzata BIALAS1 and Simeon KARAFOLAS2
1AGH University of Krakow, Faculty of Management, Krakow, Poland,
ORCID 0000-0003-2703-4836
2University of Western Macedonia,
Department of Accounting and Finance, Campus, Koila Kozanis, 50100, Greece
According to new standards IFRS 9 loans granted by banks are distinguished in three stages: 1 – with good credit quality, 2 – with signs increased risk (but no default) and 3 with default. The paper is interested on the influence of macroeconomic aggregates to the evolution of loans considering the quality of them. The paper examined the financial statements of 4 largest banks operating in Greece and Poland.