Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

Bank Pekao Soars in Q1 2024: Record Profits, Mobile Banking Boom, and Mortgage Surge

Solid performance across all areas and increased profitability in key business segments led to another very successful quarter for Bank Pekao. The first quarter of 2024 was marked by...

Shifts in Credit Dynamics for Microenterprises in Poland

In March 2024, compared to March 2023, banks granted fewer loans to microenterprises, with...

Global Insurance Prices Stabilize After Upward Trend

Insurance prices worldwide increased by 1% in the first quarter of 2024, down from...

Polish credit market in March 2024: surge in installment and housing loans, credit cards less popular

In March 2024, compared to March 2023, banks and credit unions have issued more...

Corporate Banking Faces Slowdown

The corporate banking sector is expected to face a significant slowdown in the coming...

Polish Factoring Market Sees Slight Decline in Q1 2024, But Growth Expected Soon

In the first quarter of 2024, the factoring market in Poland experienced a slight decline in turnover compared to the same period the previous...

Deutsche Bank CEO Warns of Continued Commercial Real Estate Crisis, But European Outlook Differs

Deutsche Bank's CEO, Christian Sewing, anticipates a continuation of the commercial real estate market crisis this year. In the USA, Moody's has downgraded the...

Trade Credit Insurance Booms in Poland as Economy Shifts

In 2023, insurers covered commercial transactions amounting to 911 billion PLN. This represents a 10 percent increase compared to the previous year. This amount...

Stronger-Than-Expected Housing Loan Demand in March 2024

The value of inquiries for housing loans increased by 68.7% year-on-year in March 2024, according to the BIK Index of Demand for Housing Loans....

Poland Leads the Way: Cashless Payments Boom as Cash Shrinks to 35%

It's no longer just about the PIN and the green button. Digital payments have made significant progress in Poland in recent years. According to...

Polish Insurance Paid Out 44.2 Billion PLN in 2023, Life Insurance Remains Stable While Motor Claims Rise

In 2023, Poles received 44.2 billion PLN in insurance compensation and benefits, according to data released by the Polish Insurance Chamber (PIU). This figure...

Polish Credit Market Booms in February 2024: All Loan Types See Double-Digit Growth

In February 2024, compared to February 2023, banks and Credit Unions granted more of all types of credit products: housing loans (+220.8%), installment loans...

The Polish leasing market is one of the largest in the EU. Almost 1/3 of investments are financed through leasing

The leasing industry is one of the engines of the Polish economy. It finances nearly 30% of investment outlays and is the preferred form...

Poland Among the Top 5 European Leasing Markets and the EU’s Fastest-Growing

Today, Poland is the fifth-largest leasing market in Europe and the fastest-growing in the European Union according to a report from the Polish Leasing...

Polish Non-Bank Loan Market Sees Surge in 2024, Led by Cash Loans

In February 2024, loan companies granted 1,054 thousand new loans worth 1.538 billion PLN. Compared to February 2023, there were (+252.3%) more of them...

Women and Finance. How do Polish Women Assess Their Financial Position?

Only 15% of Polish women admit to having complete control and financial agency, and 57% have attained this status "to a certain extent". ...

Polish “mortgages” still the second most expensive in Europe

By mid-2023, among EU residents, only the Hungarians had more expensive new housing loans than the Poles. It's worthwhile to check how the situation...

Swiss Franc Loans in Poland: Growing Strength of Borrowers and the Evolving Landscape of Lawsuits

According to official data from district courts, the number of franc-related cases across the country increased by over 35% year on year in the...

The value of inquiries about home loans increased by 58.5% y/y in February 2024

The value of the BIK Housing Loan Demand Index increased by 58.5% in February this year. This implies that banks and credit unions sent...

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