Demand for Housing Loans Decreases, but the Value of Loan Applications Increases

The value of housing loan inquiries decreased by 16.9% year-on-year in September 2024, according to the BIK Mortgage Loan Demand Index. This figure indicates that in September 2024, adjusted...

EIB and Pekao Leasing Sign €150 Million Deal to Boost Polish SMEs and Green Investments

The European Investment Bank (EIB) and Pekao Leasing have entered into a new credit...

Poland remains the 5th leasing market in Europe

The Polish leasing market maintained the 5th place in Europe - according to...

Record Payouts from Employee Capital Plans in 2024: Poles Using Savings to Support Household Budgets

Although economic experts generally speak positively about Employee Capital Plans (PPK), the program has...

Financial Priorities and Concerns of Generation Z

The cost of living, associated with the rising prices of housing, food, and energy,...

Polish Non-Bank Loan Market Sees Significant Growth in Both Purpose and Cash Loans in August 2024

The Polish non-bank loan market is divided into two main product segments: purpose loans and cash loans. In August 2024, purpose loans dominated in...

Decline in Indebted Farmers Recorded, but Experts Warn of an Incomplete Picture

At the end of June this year, entries concerning 1.5 thousand unreliable debtors from the categories of farming, animal breeding and hunting, including the...

Decrease in the Number of Indebted Poles, but Average Debt Continues to Rise in 2024

Data from three different registers indicate that by the end of the first half of this year, there were between over 2 million to...

Loan Growth in Poland: August 2024 Sees Increases Across Mortgage, Cash, and Installment Loans

In August 2024, compared to August 2023, banks and credit cooperative organizations (SKOKs) granted more loans in the three main categories: cash (+13.9%), installment...

First issuance of green bonds by Bank Millennium

Bank Millennium has concluded the subscription of its inaugural green bonds with a nominal value of 500 million euros. These bonds will be issued...

Polish Banking Sector Among the Most Innovative in Europe

Wachnicka (ZBP): We have something to brag about. The Polish banking sector stands out in Europe. Agnieszka Wachnicka, vice-president of the Association of Polish Banks...

PFR Ventures signed the first agreements with funds under the FENG program

PFR Ventures has signed the first four agreements with venture capital fund management teams under the European Funds for the Modern Economy (FENG) program....

Polish Women More Concerned About Divorce Costs: 59% of Those Planning Separation Check Expenses

According to recent market data, women are more interested in the costs of divorce than men. In the first half of last year, women...

Banks Ease Mortgage Terms as Average Credit Capacity Rises to 488 Thousand PLN Amid Anticipated Rate Cuts

Lack of specifics about a new state support program for property buying and anticipation of an interest rate cut have led banks to ease...

Most Polish Debtors Unabashed About Debt

Only 14% of companies admit that their debtors are greatly embarrassed when they transfer their debts to a debt collection agency for recovery. This...

Housing Loan Inquiries Drop by 25.2% in August 2024, While Average Loan Amount Rises

The value of inquiries for housing loans fell by 25.2% year on year in August 2024, reports the BIK Index of Demand for Housing...

In the first half of this year, courts have resolved nearly 36,000 Swiss franc cases

District courts are resolving an increasing number of 'frank' (Swiss franc) cases. The latest data shows that in the first half of this year,...

Decrease in Number of Debtors to ZUS Despite Rising Overall Debt

At the end of the first half of 2024, 622,300 active payers were in debt to the Social Insurance Institution (ZUS), representing a decrease...

Almost Half of Poles Have Savings to Last 6 Months in Case of Income Loss, Study Reveals

Almost half of Poles estimate that in the event of losing their main source of income, their accumulated funds would last them at least...

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