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...
After the storm or before the storm? What about the exchange rate of the...
This Wednesday (04.10), the Monetary Policy Council will make another decision regarding monetary policy. After the reduction in September, we are likely expecting another...
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...
Pre-election decision of the Monetary Policy Council, will it surprise us again?
Another meeting of the Monetary Policy Council (MPC) is ahead of us. This coming Wednesday, we will get to know the decision regarding interest...
Best consumer sentiment in three years. It’s going to be a lavish December
"This will be the most extravagant December in years. 'Consumer sentiments are the best since 2020.'"
A decrease in inflation to 6.5%, a planned minimum...
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...
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...
RPP saves the złoty by cutting interest rates by 25 basis points
The Monetary Policy Council has done exactly what the market expected. It has cut interest rates by 25 basis points to 5.75%, which seemed...
ESG: A Challenge and Opportunity for Insurers
The consequences of climate change are increasingly threatening European consumers. Extreme weather events and environmental regulations can complicate the ongoing operations of companies, who...
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...
Business arrears to contractors and banks exceeded PLN 42.5 billion
Although the number of companies complaining about unreliable business partners slightly decreased in the third quarter, business arrears have significantly increased, according to data...
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...
Małopolska, Podkarpackie, and Świętokrzyskie 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...
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...
Record surge in consumer bankruptcies in Poland. Experts warn: this is just the beginning
10 thousand individuals – that's the number of people declaring bankruptcy in just the first half of 2023 in Poland. Although there's still some...
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...
Insurance Compensation Payouts in Poland in the Third Quarter of 2023
During the three quarters of 2023, insurers paid out PLN 33.1 billion in compensation and benefits. This is 1.6% less than the previous year....
Leasing is the second most commonly used form of financing
The latest, 4th edition of the "Leasing Index" study conducted by Santander Leasing indicates that currently, 36% of small businesses report having used leasing...
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...
Economists: Glapiński destroys the reputation of NBP
We are outraged by the content of the statement made by the President of the National Bank of Poland, Adam Glapiński, who unjustifiably accused...
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...
The office market is adapting to the new reality
Demand for offices remains high, but there is the least amount of space under construction in over a dozen years. The office real estate...