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...

Housing Loan Market Sets Records in November 2023

In November 2023, compared to November 2022, banks and credit unions issued more of all types of credit products in numerical terms: housing loans...

Polish Non-Banking Loan Market Sees Explosive Growth in 2023

In November 2023, loan companies granted a total of 1,136.0 thousand new loans worth PLN 1.522 billion. Compared to November 2022, the loan companies...

Trust Matters: Better Communication Between Regulators and Regulated Entities Fosters Confidence in Financial Sectors

- We have been complaining about a lack of trust for years, and it turns out it is present. Maybe not very high, but...

Poles Gear Up for Christmas Shopping Despite Rising Inflation

Christmas is just around the corner, but the annual shopping frenzy for many began over a month ago. Research conducted by PAYBACK Poland shows...

Banks change their approach to financing commercial properties

Banks in Central and Eastern Europe are increasingly focusing their policies on sustainable development, conforming their activities to current legal regulations and market expectations...

Achieving Climate Neutrality Requires a Shift in Attitude from Banks and Governments

Reducing the Earth's temperature by an average of 1.5°C would decrease the likelihood of extreme droughts or water shortages. To achieve this, a rapid...

The majority of Poles do not plan to borrow money for Christmas

More than 13% of Poles plan to take out a loan or a credit to meet Christmas expenses. Nearly 82% of compatriots don't plan...

MaÅ‚opolska, Podkarpackie, and ÅšwiÄ™tokrzyskie Crowned as Poland’s Most Reliable Debtors

The most conscientious bill-payers can be invariably found in the provinces of Małopolska, Podkarpackie, and Świętokrzyskie. The current Ranking of Consumer Reliability by the...

Alimony Debts Skyrocket: Unpaid Benefits Approach PLN 15 Billion

Alimony arrears are hitting new records. According to data collected in the BIG InfoMonitor Debtors Register, the amount of unpaid benefits approached PLN 15...

Securitization of trade receivables in Europe and Poland: stable growth and prospects

The European market for trade receivables securitization is experiencing steady growth, and current macroeconomic conditions, particularly persistently high-interest rates, should promote its further development,...

CJEU’s Verdict in Favor of Swiss Franc Loan Holders

In a verdict issued on December 14, the Court of Justice of the European Union (CJEU) disarmed banks in their battle against Swiss franc...

CJEU Ruling Could Decimate Polish Banking Sector

On Thursday, December 14, another significant ruling from the CJEU (Court of Justice of the European Union) concerning the settlements of franc borrowers with...

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...

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