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...

Poland remains the 5th leasing market in Europe

The Polish leasing market maintained the 5th place in Europe - according to data for 2023 published by Leaseurope Poland has the highest...

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 been rather uphill from the start. Many people did not...

Financial Priorities and Concerns of Generation Z

The cost of living, associated with the rising prices of housing, food, and energy, compounded by global tensions triggered by situations such as the...

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...

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