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...

Polish Non-Bank Loan Market Booms in May 2024

In May 2024, lending companies issued a total of 1,201,000 new loans valued at 1.827 billion PLN. Compared to May 2023, this represents an increase of +105.3% in the...

The Emergence of The Unit: A New Decentralized Monetary Ecosystem for BRICS+

The new decentralized monetary ecosystem of BRICS+ countries, named The Unit, is about to...

Poles Turn to Sharing Economy Amid Rising Debt and Economic Challenges

In the face of growing problems with repaying current liabilities and loan installments, Poles...

Surge in Housing Loan Inquiries in Poland: A 45.4% Increase in May 2024

In May 2024, the value of housing loan inquiries increased by 45.4% year-on-year, according...

The rich are getting richer. Global wealth increased by USD 3.8 trillion

The number of High-Net-Worth Individuals (HNWI) and their wealth reached record levels in 2023,...

Polish Consumers Show Increasing Optimism About Personal and National Finances

Polish consumers are feeling increasingly positive about their financial situation and the future of both their personal and the national budget. Most other indicators...

Young Poles Optimistic About Economy, But Financial Worries Linger

One in three Polish "Gen Z" individuals and one in four millennials expect an improvement in Poland's economic situation within the next year. The...

Poles Continue to Worry About Their Financial Situation

Over half of respondents are not prepared for an unexpected expense, but fewer people are complaining about a lack of money at the end...

Significant Increase in All Types of Loans Issued by Banks and Credit Unions in Poland in April 2024

In April 2024, compared to April 2023, banks and credit unions (SKOKs) issued a higher number and value of all types of loans. Numerically,...

The Polish Luxury Goods Market Surpasses Inflation, Valued at Over 42 Billion PLN in 2023

Despite a decline in the incomes of Poland's wealthiest individuals, the value of the Polish luxury goods market continues to grow. Last year, it...

Record Growth in Non-Bank Loans in Poland: April 2024 Sees Unprecedented Surge in Loan Issuance

In April 2024, loan companies issued a total of 1,196 thousand new loans worth PLN 1.775 billion. This represents a 267.2% increase in the...

Polish Banks Report Financial Challenges Amid New Loan Holidays and Existing Swiss franc Loan Issues

On the Warsaw Stock Exchange, Polish banks, reporting their financial results, revealed the scale of financial problems related to new loan holidays and ongoing...

Young Poles: Between Optimism and Concerns About Financial Stability

Although optimism about personal financial situations and economic prospects is the highest among "Gen Z" and millennials since 2020, the cost of living remains...

Chairman of the KNF: We are concerned about the limited interest of entrepreneurs in investments. This affects the low demand for investment loans

In the first quarter of 2024, banks improved their results despite comparing them to an excellent year in 2023. Thus, they have the capability...

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...

Shifts in Credit Dynamics for Microenterprises in Poland

In March 2024, compared to March 2023, banks granted fewer loans to microenterprises, with a 4.5% decrease in number and a 3.3% decrease in...

Global Insurance Prices Stabilize After Upward Trend

Insurance prices worldwide increased by 1% in the first quarter of 2024, down from a 2% increase in the fourth quarter of 2023, according...

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 of three types of credit products numerically: installment loans increased...

Corporate Banking Faces Slowdown

The corporate banking sector is expected to face a significant slowdown in the coming years due to an unfavorable macroeconomic environment and high interest...

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