The purification of anomalies. Parabanking and nonbanking institutions in the Polish financial sector

Mica, Adriana

The purification of anomalies. Parabanking and nonbanking institutions in the Polish financial sector

Abstract

This chapter discusses the dynamics of various processes involving hybrid-like and anomaly-like institutions in the contemporary world, and the financial sector in particular. Building upon Latour's and organizations scholars' insightsinto the process of purification, this posed the question of how this process unfolds in the case of anomalies, and whether it takes place to begin with. The findings emerge from various accounts: the comparison platforms for short-term loans in Poland, the press releases and reports of the Office of Competition and Consumer Protection, as well as the results of the opinion poll conducted between 21-28 January 2016 on the theme of short-term loan companies and parabanking institutions.

Keywords

short-term loan companies parabanking institutions financial sector semi-formal financial institutions hybridization purification small lending non-banking institutions microfinancing

Citation

Mica, A. (2018). The purification of anomalies: Parabanking and nonbanking institutions in the Polish financial sector. In I. Jakubowska-Branicka (Ed.), Loan companies in Poland: Theory and practice (pp. 33–53). ISNS UW.