Poland's current account surplus hit EUR 1.62 billion after February 2021, against a surplus of EUR 3.34 billion recorded after January, according to National Bank of Poland figures released on Tuesday.
The savings that Polish citizens keep in banks have topped PLN 1 trillion (EUR 216 billion) for the first time, an investment firm expert said on Wednesday.
Poland’s financial supervisor has said eight commercial and 17 cooperative banks with a combined market share of 8.5 percent reported a total loss of PLN 1.5 billion (EUR 330 million) in 2020.
Poland’s national bank intervened on the currency markets on Friday to weaken the zloty, a source close to the bank told PAP Business.
PKO Bank Polski has joined the European Payments Initiative, an alliance of banks aiming is to create a unified payment solution for consumers and traders across Europe, the bank has announced in a press release.
The Polish banking sector posted a net profit of PLN 5.65 billion (EUR 1.25 billion) in January-August 2020, a 46.6 percent decrease year on year, the National Bank of Poland (NBP) said in a Thursday report.
After six months of the COVID-19 epidemic, Poles still assess their financial situation as good, however, the proportion of pessimists in this matter has grown, according to a study by the Santander Consumer Bank (SCB).
The Polish banking sector posted a net profit of PLN 4.35 billion (EUR 0.98 billion) in January-July 2020, a 52.1 percent decrease year on year, the National Bank of Poland (NBP) said in a Tuesday report.
The growing demand for mortgages in Poland is not translating into banks' willingness to offer them as total mortgage sales are still one-fourth lower than a year ago, the Dziennik Gazeta Prawna broadsheet wrote on Thursday.
Every sixth Pole is making online purchases amid the coronavirus pandemic and e-shopping is gaining popularity, primarily among the inhabitants of large cities, according to a study prepared by Santander Consumer Bank (SCB).
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