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Monetary Policy Council Holds Interest Rates Steady, Reflecting Uncertainty

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The post-election dust has settled, and along with it, the situation in the monetary market has stabilized. After a pre-election two-step reduction in interest rates - first by 0.75% (in September) and then 0.25%...
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Record surge in consumer bankruptcies in Poland. Experts warn: this is just the beginning

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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 months until the end of the year, we can already...
Sławomir Grzelczak, President of BIG InfoMonitor

Business arrears to contractors and banks exceeded PLN 42.5 billion

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Although the number of companies complaining about unreliable business partners slightly decreased in the third quarter, business arrears have significantly increased, according to data from the Debtor Register of BIG InfoMonitor and BIK. Outdated...
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Demand for Housing Loans Increases by 248.8% in September

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The demand for housing loans in September 2023 increased by 248.8% - according to the BIK Index for Housing Loan Demand (BIK Index - PKM). The value of the Index means that in September...
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1 billion PLN debt of young Poles. 20-year-old record holder has almost 800,000 PLN...

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The amount of debt unpaid on time by individuals aged 18 to 24 stands at 1 billion PLN, according to data from the Debtors Register of BIG InfoMonitor and the credit information base of...
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Polish Mortgage Market Rebounds

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The financial industry is witnessing a clear recovery in the mortgage market. In the second quarter, Poles signed up for PLN 11 billion, but many of them held back on their applications until the...
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Mortgage availability improves in Poland, thanks to Safe Loan 2% program and lower interest...

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In September, the Mortgage Barometer of Rankomat.pl indicated that the average borrower could borrow 475,000 PLN (~$110,000) from the bank for a property purchase. This is an increase from 426,000 PLN in February, meaning...
Potential development directions of the Krakow warehouse market

Potential development directions of the Krakow warehouse market

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North, south, east, or maybe west - which of these directions is the most favourable for the growth of the warehouse market in Kraków? Currently, Kraków is one of the smaller logistics and industrial...
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Growth eastwards as an opportunity for the Kraków warehouse market

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Kraków is among the smaller warehouse markets in Poland. Nevertheless, its total warehouse stock has increased by almost 260% over the past five years. An attractive location within the country and a large business...
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Polish companies becoming increasingly aware of cyber threats associated with AI

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Artificial intelligence (AI) can be used both for cyberattacks and for defending against them. According to a study by EY - "How Polish Companies...
AGV and AMR Revolutionizing Automation in Modern Manufacturing

AGV and AMR: Revolutionizing Automation in Modern Manufacturing

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In the rapidly evolving landscape of modern manufacturing, automation has become a cornerstone of efficiency and innovation. Among the most transformative technologies in this...
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Property investment market in Poland. Q3 2024 report

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Q3 2024 marked a significant resurgence on the market, with 30 transactions completed. By the end of September, the investment market reached €2.7 bn,...

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XTB siedziba

XTB shatters records in 2023 with a PLN 791.3 million profit...

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312,000 new customers acquired in 2023, over 77,000 in Q4 alone A 51.0% increase in the number of active customers to 408,500 Q4...
Ben Laidler, eToro’s Global Market Strategist

The strange anatomy of global debt

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DEBT: Global debt trends matter and the current levels are eye-poppingly high. However there are big differences across the segments of governments, companies, or...