Tag: mBank

Polish Economy Misses Forecasts as mBank Sees a Sharper Slowdown in Early 2027

Poland’s August data came in below expectations: industrial output, retail sales and wage growth disappointed, while inflation accelerated. mBank economists argue this is not yet the start of a sharp slowdown, which may become more visible in early 2027 as higher energy and fuel prices squeeze real incomes.

Trigon Names 15 September Stock Picks, Including ORLEN, CD Projekt and Allegro

Trigon DM analysts have selected 15 companies they believe could stand out in September. The favourites include ORLEN, CD Projekt, Allegro and Budimex, as...

UOKiK Ends Cases Against Four Banks as Customers May Get Claims Reassessed

Alior Bank, mBank, BNP Paribas and Bank Millennium will change how they handle reports of unauthorised payment transactions and reassess some previously rejected customer claims following binding decisions by Poland’s competition and consumer authority.

Poland’s inflation rises to 3.4% as fuel prices jump 24.2%

Consumer inflation in Poland increased to 3.4% year on year in August 2026, according to a flash estimate from Statistics Poland. The reading was higher than the market consensus of around 3.1%. Prices rose by 0.4% month on month. Fuel stood out as the strongest contributor, with prices 24.2% higher than a year earlier and 5.2% above July levels. Inflation is now only 0.1 percentage point below the upper limit of the National Bank of Poland’s target range.

Poland’s GDP grows 3.9% in Q2 2026 as investment surges 8.4%

Poland’s GDP increased by 3.9% year on year in the second quarter of 2026, according to Statistics Poland’s preliminary estimate. The figure was revised up by 0.1 percentage point from the earlier flash estimate. More important than the headline number was the composition of growth. Gross fixed capital formation accelerated sharply to 8.4% year on year, while household consumption growth eased to 2.8%. Net exports also made a positive contribution to economic growth.

Higher Corporate Tax, Lower PIT. Economists Question the Cost of Poland’s Tax Shift

Poland plans to increase the corporate income tax rate from 19% to 22% from 2027 for companies with annual revenues above EUR 50 million and for tax capital groups. Economists estimate that the measure could generate around PLN 8.6 billion a year and largely finance planned PIT relief. The reform, however, could also reduce corporate profitability, affect stock-market valuations and investment, and will do little to address Poland’s underlying fiscal deficit.

Next Polish Rate Cut Not Before July 2027, mBank Forecasts

mBank economists have updated their short-term forecasts for the Polish economy, interest rates and the foreign exchange market. Their latest projections suggest that the...

BIK and Banks Under Scrutiny Over the Role of Credit Inquiries in Loan Assessments

The President of the Office of Competition and Consumer Protection is conducting an explanatory investigation into the rules for assessing creditworthiness in the banking...

Former Chase UK CEO Kuba Fast to Lead Revolut Bank UAB

Kuba Fast has been appointed CEO of Revolut Bank UAB after receiving approval from the European Central Bank and the Bank of Lithuania. ...

Bio Planet Reports PLN 4.7 Million EBITDA and PLN 2.53 Million Net Profit in Q1 2026

Bio Planet has published its financial results for the first quarter of 2026, reporting revenue growth and an improvement in operating performance. The company...

Marek Lenz Joins the Management Board of Credit Agricole

Marek Lenz has joined the management board of Credit Agricole Bank. Previously, he served as the bank’s CIO. In his new role as Vice...

Poland’s Inflation Enters a “Fine-Tuning” Phase as Disinflationary Forces Dominate in 2026

Inflation in Poland has entered a phase of “precise fine-tuning,” and—according to Dr. Marcin Mazurek, Chief Economist at mBank—disinflationary forces are set to dominate...

Digital Network Wins Positive Reviews After Braughman Group Acquisition. Company Among BOŚ Brokerage House “Top Picks” for 2026

The market is clearly assessing Digital Network’s acquisition as a positive move. The company’s shares have drawn strong investor attention, breaking through all-time highs...

mBank Expects Major Profit Decline as Poland Raises Bank Tax to 30%

mBank announced on Thursday that its net profit in 2026 will decline by 800–900 million PLN as a result of the increase in corporate...
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