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...

Debts of seniors are increasing at a faster rate than in other age groups

Seniors' debt increased by nearly one billion zlotys to 11.6 billion zlotys in the last year, making it the fastest-growing debt group after 18-25...

Tax compliance and technology are key challenges for CFOs in Poland

The EY study - Tax Compliance and CFO Priorities in Poland - indicates that the main concerns of Polish CFOs and chief accountants are...

Polish people look to 2024 with optimism, but financial concerns loom large

Poles anticipate improvements in the country's situation and in their private lives, but primarily in finances. Six out of 10 Poles believe that the approaching...

RPP Hold Rates Steady, Focus on Inflation Uncertainty and Economic Rebound

The lack of interest rate changes at the first meeting of the Monetary Policy Council (RPP) this year was no surprise to anyone. The...

Generative AI: Transformative Power or Troubling Threat for the Banking Industry?

The latest Mastercard Signals report, "Generative AI: The transformation of banking", addresses the impact of generative artificial intelligence on the financial sector. The authors...

Misinformation the Biggest Short-Term Threat, Environmental Threats Dominate Long-Term Landscape

Misinformation is the biggest short-term threat, while extreme weather events and critical changes in Earth's systems are the key long-term challenges. Two thirds...

Economic Rebound in 2024 Expected to Bring Debt Relief but Not Overhaul Payment Habits

The economy will rebound significantly in 2024, especially in the second half of the year. This will reflect on the financial health of both...

Monetary Policy Council to Hold Rates Steady Amidst Fiscal Stimulus, Credit Expansion

The current political and economic situation reaffirms my belief that there will be no changes to interest rates at the upcoming meeting of the...

Demand for housing loans soars to record high in December

The value of inquiries for housing loans increased by 421% in December 2023, according to the BIK Housing Loan Demand Index. The value of...

Implications and Challenges of a New Housing Support Program

The "Safe Mortgage 2%" program, suspended since January 2024, is expected to be replaced in July by a new one called "Start-Up Flat". Experts...

Poles Prefer Realistic Financial Goals Over New Year’s Resolutions

Poles approach New Year's resolutions with skepticism. According to the Provident Barometer, less than 30 percent intend to keep them. What’s significantly more important...

Polish Consumer Sentiment Edges Down in December, Still Beats EU Average

In December 2023, the consumer sentiment index in Poland slightly decreased to -3 units. However, the index significantly increased throughout the year. It was...

Debts of Polish Farmers on the Rise amid Inflation and Geopolitical Challenges

At the end of the third quarter of last year, there were almost 4% fewer farmer-entrepreneurs in the National Debt Register than a year...

New Housing Subsidy Program to Boost Mortgage Demand, But Concerns Remain

If it wasn't for the Safe Mortgage 2% program, the housing market could be doing really poorly. The level of credit action we observed...

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