Saturday, September 28, 2024

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 war in Ukraine, is noticeably...

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...

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...

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...

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...

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 be unveiled, potentially overturning the current rules of the game....

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 are increasingly turning to alternative forms of access to goods...

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 to the BIK Housing Loan Demand Index. This indicates that...

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, according to the latest Capgemini World Wealth Report 2023. Global...

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...

- A word from our sponsors -

Follow us

HomeFINANCE