Banks are not the sole source of capital
Consistent implementation of planned investments now requires companies to search for alternative ways of raising capital.
In a situation when banks tightened their financing conditions,...
‘Breakfast’ costs a bigger problem
A 55% surge in our ‘breakfast’ cost index the past year is outpacing the commodity rally and piling cost pressures on many. This is...
Foreign financing entities can increase their share in the Polish market
The political situation, the increasing inflation and interest rates, as well as the growing pressure on banks, which may increase margins on granted loans,...
Safe Loan 2% Program Boosts Polish Real Estate Market, but Banks Struggle to Keep...
"A revolutionary program, one of the best initiatives that the real estate market has experienced for years," admits Mirosław Król, a real estate market...
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...
Benchmarking study – why you need it and how to prepare it for transfer...
The benchmarking study is a verification tool to argue that the transactions with the affiliated parties took place at a similar price compared with...
Only 31% of young Poles under the age of 30 save for retirement
A recent study on the awareness and attitudes towards the retirement system of young Poles reveals telling insights into their financial behavior and beliefs....
Banks vs. Fintech. Traditional financial institutions can gain a huge advantage thanks to AI
According to the Digital Economy and Society Index (DESI) in 2022, Poland ranked 24th out of 27 European Union member countries in terms of...
They are only in their teens, yet they have over 2 million PLN in...
There are 3334 of them nationwide. They are boys, up to the age of 18, who have been familiarising themselves with debt from an...
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...
Fuel Prices Expected to Rise after Elections, Says Przemysław Litwiniuk
In a recent statement on TVN24, Przemysław Litwiniuk, a member of the Monetary Policy Council, announced that fuel prices in Poland are anticipated to...
Polish Insurance Industry Navigates Economic Storm Clouds
Inflation, geopolitical risks, and regulatory, demographic, and climatic changes keep the insurance industry in a near-constant state of transformation. The industry's future will largely...
Zloty weakens after interest rate cut, but fundamentals remain strong
In September, the Polish zloty was fairly stable and strong prior to the lowering of interest rates. This stability was due to several factors....
Polish Mortgage Market Rebounds
The financial industry is witnessing a clear recovery in the mortgage market. In the second quarter, Poles signed up for PLN 11 billion, but...
Polish Development Fund Demands Return of Subsidies from Foreign Companies
The Polish Development Fund (PFR) is demanding the return of subsidies, this time those provided to the branches of foreign companies.
The Financial Shield of...
RPP’s Decision on Interest Rates. What Awaits the Zloty?
The dust still hasn't settled after the last decision by the Monetary Policy Council (RPP), which brought an unexpected cut of 75 basis points....
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...
1 billion PLN debt of young Poles. 20-year-old record holder has almost 800,000 PLN...
The amount of debt unpaid on time by individuals aged 18 to 24 stands at 1 billion PLN, according to data from the Debtors...
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,...
Demand for Housing Loans Increases by 248.8% in September
The demand for housing loans in September 2023 increased by 248.8% - according to the BIK Index for Housing Loan Demand (BIK Index -...
Polish companies becoming increasingly aware of cyber threats associated with AI
Artificial intelligence (AI) can be used both for cyberattacks and for defending against them. According to a study by EY - "How Polish Companies...
Polish industrial market 2023 overview and outlook for 2024
Poland's industrial sector slowed in 2023, but the market hopes to rebound in 2024. After the peak of take-up and supply in the so-called...
Will cheaper money in the eurozone stimulate the transaction market?
Polish real estate market is witnessing the first major investment transactions. The second half of the year will show whether a potential further interest...