USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Nearly 50% of Poles Plan to Save More on Holiday Spending Than Last Year: Cutting Costs “A Little on Everything,” Especially on Alcohol and...

According to the report titled “Poles’ Holiday Savings. December 2024”, over 49% of Poles plan to cut back on holiday spending more than they did last year. This trend...

Holiday Spending on Credit: 11% of Poles Plan to Take Out Loans, but the Borrowing Trend Is Declining

This year, 11.2% of Poles intend to take out a cash loan or borrow...

Teenagers Who Discuss Finances at Home More Often Use Financial Products and Plan for Investments

Teenagers who discuss finances at home are more likely to use financial products, financial...

One in Four Poles Goes Into Debt to Organize Lavish Christmas Celebrations

A quarter of Poles go into debt to organize extravagant Christmas celebrations, with 6%...

Banks in Central and Eastern Europe (CEE) Continue Appetite for Commercial Real Estate Financing, ESG Shapes New Strategies

Banks in Central and Eastern Europe (CEE) remain eager to finance commercial real estate...

Nearly One in Four Poles Plans to Spend 200-500 PLN on Christmas This Year – Holiday Budgets More Modest than Last Year

This year, Poles most commonly plan to spend between 200-500 PLN per person on Christmas Eve and holiday celebrations. Nearly one in four respondents...

71% of Working Time in the Financial Sector Will Be Transformed by Generative AI Tools

The Accenture report, "Time for Gen AI: Will the Financial Sector Seize the Opportunity?", presents a comprehensive analysis of the potential for generative artificial...

Rising Costs of Living and Financial Uncertainty Shape the Concerns of Poles

December is, for many of us, a month of intense holiday preparations and reflection on the passing year. What kind of mood did Poles...

Swiss Franc Borrowers Will Continue Filing Lawsuits for Another 3-4 Years

Swiss franc borrowers are expected to continue suing banks intensively for the next 3-4 years. The number of court cases will keep growing, albeit...

Who Isn’t Paying Their Phone Bills? Telecom Debt Exceeds 1.5 Billion PLN

Demand for telecommunication services remains robust, yet not everyone is diligent about paying their bills on time. The situation worsens when individuals or companies...

Acceleration in Swiss Franc-related cases. Courts are handling more and more of them. The rdr. growth is in double digits.

In the first nine months of this year, courts settled over 27% more franc-based cases than in the corresponding period of 2023. Experts highlight...

Demand for Home Loans in Poland Drops by 24% in November 2024

The value of home loan inquiries decreased by 24.0% year-on-year in November 2024, according to the BIK Index of Demand for Home Loans. This...

Poles Plan to Spend More on Christmas in 2024, Prioritizing Gifts and Festive Meals

The average Pole in 2024 plans to spend around PLN 1,576 during Christmas, representing an increase of 5.77% compared to 2023. As much as...

Pre-holiday shopping fever may lead to hasty decisions. UOKiK warns against excessive indebtedness

Poles have started their holiday shopping. Numerous promotional campaigns by stores encourage increased spending but can also lull consumers' vigilance, potentially resulting in financial...

Interest Rates Steady for Now: No Holiday Gift for Borrowers from the MPC

We are approaching the last decision of the Monetary Policy Council on interest rates for this year. Can we expect a "gift" from the...

Poles save on clothes and entertainment to pay bills

"Every second Pole (52.1 percent) indicates that they would try to pay all the bills, but would save in other areas of life," when...

Fewer Loans, Lower Values: October 2024 Highlights Decline in Micro-Enterprise Financing

In October 2024, compared to October 2023, banks granted fewer loans to micro-enterprises (-6.7%) and for a lower value (-13.5%). Loan Sales to Micro-Entrepreneurs by...

Changes in the Credit Market in Poland: What Did October 2024 Bring?

In October 2024, compared to October 2023, banks and credit unions granted more cash loans (+28.8%) and issued more credit cards (+15.7%). However, they...

Polish Industrial Sector Debt Reaches 1.19 Billion PLN, Including 370 Million PLN in Unpaid Invoices

The furniture, electric battery, and vehicle and machinery parts manufacturing industries are all currently experiencing some of the most significant export declines. Without foreign...

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