Fewer Loans, Lower Values: October 2024 Highlights Decline in Micro-Enterprise Financing

In October 2024, compared to October 2023, banks granted fewer loans to micro-enterprises (-6.7%) and for a lower value (-13.5%). Loan Sales to Micro-Entrepreneurs by Credit Product In numerical terms, banks...

Changes in the Credit Market in Poland: What Did October 2024 Bring?

In October 2024, compared to October 2023, banks and credit unions granted more cash...

Polish Industrial Sector Debt Reaches 1.19 Billion PLN, Including 370 Million PLN in Unpaid Invoices

The furniture, electric battery, and vehicle and machinery parts manufacturing industries are all currently...

Decline in Swiss Franc Loan Cases: Nearly 55 thousand lawsuits filed in three quarters

In the first three quarters of the current year, the number of Swiss franc-related...

The Credit Situation in Poland in 2024: Stabilization or Turning Point?

The year 2024 has introduced substantial shifts in Poland's credit market. Easing credit policies...

Financial Institutions Prioritize Cybersecurity Investment Amidst Growing Digital Adoption

Financial sector companies are evolving digitally, with cybersecurity becoming of ever-increasing importance. Organizations are increasingly aware of the impact of this aspect on their...

Alarming Rise in Consumer Bankruptcies in Poland

In the third quarter of this year alone, 5067 consumer bankruptcies were announced. The insolvent debtors' creditors lost PLN 146.5 million, according to data...

Insurance Compensation Payouts in Poland in the Third Quarter of 2023

During the three quarters of 2023, insurers paid out PLN 33.1 billion in compensation and benefits. This is 1.6% less than the previous year....

Poland’s Financial Sector Gears Up for Green Transition

The green transformation in Europe is increasingly influencing all sectors of the economy, including the financial industry. Successive regulations are forcing banks and other...

Bitcoin at the service of the American Space Forces? It’s real and it makes sense

One of the branches of the U.S. Armed Forces may take a closer look at cryptocurrencies, not for financing an arms race but for...

Mastercard Christmas Spending Survey Reveals Poles’ Gift Preferences and Finances

Over half of the survey respondents intend to spend up to 1000 złoty on Christmas shopping; 46% of those surveyed admit that they...

Best consumer sentiment in three years. It’s going to be a lavish December

"This will be the most extravagant December in years. 'Consumer sentiments are the best since 2020.'" A decrease in inflation to 6.5%, a planned minimum...

What gifts do Poles want for Christmas in 2023?

Happiness, health, and so-called peace and quiet - 15% of Poles dream of such gifts. On the other hand, 12% of them would be...

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