Banks are experiencing yet another wave of innovation, which is set to fundamentally change how they provide services.
ECB and Moody’s are warning that Poland’s incoming bank tax threatens the profitability and credit ratings of the country’s lenders.
Senate, the upper house of Polish parliament, voted to amend a bill on conversion of Swiss franc-denominated mortgages into zlotys so that costs are covered 50:50 by banks and mortgage holders. Banks gave a unanimous and heavy...
The effects of interest rates decrease, the reduction of interchange fees and other regulatory changes have already had a negative impact on the financial results of Polish banks.
The profits of banks in Q1’2015 significantly exceeded expectations but this may not last long. There are many issues that can impact future financial results of a banking sector in Poland.
Twenty-five years after Poland’s political and economic transformation, the country’s banking sector has proven one of its biggest success stories. Poland’s banks have weathered several global downturns – including the...
The net profit of banks after nine months of the year exceeded PLN 11 billion, according to the Polish Financial Supervision Authority (KNF). It is PLN 100 million less than the result after three quarters of the record year...