Tuesday, January 14, 2025

USA-China Tensions Transform Global Market

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

Experts Warn of Significant Growth in Polish Debt Levels in 2025

Experts predict that Poles' debt levels will increase in 2025, with individuals over the age of 30 being most affected. The expected rise will be driven by a growing...

CJEU to Rule on Free Loan Sanction: A Game-Changer for Polish Borrowers in 2025

The year 2025 starts with a groundbreaking event for millions of Polish borrowers. The...

Financial Plans of Poles for 2025: More Savings, Less Optimism

According to the Provident Barometer, 47.5% of Poles are planning major expenses for 2025...

Mortgage Loan Demand Drops by 45.4% YoY in December 2024

The BIK Mortgage Loan Demand Index revealed a 45.4% year-on-year decrease in inquiries for...

A Modest New Year’s Eve: 87% of Poles Choose Quiet Celebrations for 2024

The upcoming New Year’s Eve in 2024 promises to be a quiet and modest...

Christmas 2024 in Polish Homes: A Blend of Tradition and Financial Caution

Christmas 2024 in Polish homes will remain full of tradition but will largely be shaped by financial constraints. In the face of persistent high...

Cash Loans Lead Growth in 2024, While Mortgage Market Slows Down: BIK Report for November

In November 2024, compared to November 2023, banks and credit unions granted more cash loans (+15.6%) in numerical terms. However, they granted fewer mortgage...

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...

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 from a bank, a non-bank institution, or friends and family...

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 management apps, and think about their investment future, according to...

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% of them doing so repeatedly. The most common way of...

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 projects, particularly in the warehousing and logistics sectors. Poland continues...

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...

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