Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

Tag: Millennium

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...

Financial Results of Bank Millennium Group for the First Quarter of 2024

Bank Millennium reports net profit of PLN 128 million, strong business results and strengthened capital ratios in 1Q2024 Financial and business results of Bank Millennium...

Polish Retail Sales Down 19.5% in Jan, Online Up 11% (GUS)

According to the latest data from the Central Statistical Office (GUS), retail sales in January 2024 decreased by 19.5% compared to December 2023. At...

Polish Interest Rates to Remain Stable, Gradual Cuts Possible Later in 2024

The Monetary Policy Council at its February meeting did not change the level of interest rates. This is likely to remain so for some...

Bank Millennium Sees Polish Economy Growing 2.9% in 2024 on Private Consumption and Interest Rate Cuts

Bank Millennium forecasts a 2.9 percent economic growth with an upward perspective for 2024, which will be primarily driven by resurging private consumption, lowering...

Poland’s Financial Sector Gears Up for Green Transition

The green transformation in Europe is increasingly influencing all sectors of the economy, including the financial industry. Successive regulations are forcing banks and other...

The risk of natural disasters is increasing. Poland must prepare for the effects of climate change.

Between 2016 and 2021, insurance companies reported 3622 instances of natural disasters to the Financial Supervision Commission, including floods, storms, droughts or tornadoes. Such...
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