Thursday, November 21, 2024

Funeral benefit will increase to 7,000 PLN only in 2026 – the funeral industry appeals for quicker action

"What about the still high inflation and the rise in energy, gas or other components that will certainly affect the price of funeral services over the next two years?"...

Polish Debt Hits Record 86.5 Billion PLN: Rising Living Costs Blamed by 60% of Debtors

Sixty percent of indebted Poles believe that if not for the rising cost of...

Polish Banks Brace for Stricter EU AML Regulations

The time for the implementation of EU regulations concerning anti-money laundering (AML) is running...

Poles fear the cost of living increase – as many as 80% expect higher bills

The Central Statistical Office announced that in October 2024, consumer goods and services prices...

Poland Stands Out Positively in the EU: Low Housing Debt Relative to Income

Recently, interesting data has appeared for EU countries, showing household debt in relation to...

Cinkciarz loses payment integrator status – what’s next for the company?

Cinkciarz (Conotoxia Sp. z o.o.) has lost its status as a national payment integrator. By the end of the year, it must cease operating...

Poles’ Savings Habits Uncovered: Insights from the 2024 Provident Barometer

In one of the cyclic Provident Barometers, Poles were asked about their financial plans for 2024 - as part of New Year's resolutions, as...

Companies Interested in Ukraine’s Rebuilding with the New Support Instrument. Preferential Loans to Start in Early 2025

The budget for a new support instrument for Polish companies interested in participating in the reconstruction of Ukraine amounts to PLN 250 million (approximately...

69% of Poles Look into the Future with Fear – Report Reveals Pessimism and Growing Concerns About Cost of Living

According to the latest EY Future Consumer Index survey, as many as 69% of Polish consumers view the future with concern. 80% of us...

Factoring Industry Achieves 3.1% Turnover Growth in Q3 2024 – Polish Factors Association Purchases Receivables Worth PLN 344.6 Billion

The third quarter of 2024 brought the anticipated growth in turnover for the factoring industry. Companies associated with the Polish Factors Association (PFA) have...

Polish financial companies invest in AI, surpassing other sectors in adopting new technologies

The EY Study - Digital Transformation 2024 - indicates that although 86% of companies in the financial sector in Poland confirm that the digitalization...

More and more Poles are using online and mobile banking

According to the latest Netbank report prepared by the Association of Polish Banks, an increasing number of customers are using internet banking, as well...

Child Support Debt in Poland Surpasses PLN 16 Billion

The issue of child support non-payment in Poland remains unresolved. Despite numerous campaigns highlighting the plight of children deprived of the financial support they're...

PayPo introduces a virtual BNPL card – “buy now, pay later” model also in brick-and-mortar stores

PayPo introduces a virtual card that enables purchases in a buy now, pay later model. Currently, a few thousand customers are testing the product,...

Cash – either loved or hated. Are we ready to give up physical money?

In recent years, the topic of cash has increasingly been appearing in public debate, becoming a source of numerous controversies. Discussions revolve around the...

85% of Poles claim that they have no problem paying bills. KRD data indicates otherwise

As a society, the majority of us declare that our incomes allow us to pay our current bills. Only one in seven households admit...

This Year’s Nobel Prize in Economics for Research on the Impact of Institutions on Economic Development

For over a decade in the global economy, Daron Acemoglu from MIT, Simon Johnson also from MIT and James Robinson from the University of...

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...

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 agreement to support the sustainable development of small and medium-sized...

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