Polish banks lent PLN 3.52 billion (EUR 829.3 mln) in mortgages in November 2019, down from PLN 4.5 bln (EUR 1.1 bln) in October, the country's central bank (NBP) said on Monday.
In the third quarter of 2019, banks granted mortgages to a total value of PLN 16.87 billion (EUR 3.91 billion) or 2.62 percent more than the previous quarter, the Polish Bank Association (ZBP) has reported.
The Polish banking sector posted a net profit of PLN 11.86 bln (EUR 2.78 bln) in the first three quarters of 2019, up by 2.86 pct on the same period of 2018, the Polish Financial Supervision Authority (KNF) said in a Friday report.
The event brought together some of the best and the brightest in the Polish tech world.
Bank Millennium has merged with Euro Bank and plans to make net revenues of PLN 1 billion (EUR 228.6 mln) in up to two years, the bank announced in a press release.
Founded by the son of Polish migrants to Sweden Klarna has become a global giant in the fintech sector.
The three banks will join a plethora of fintech start-ups operating from Poland or powered by Polish ingenuity.
The mobile payment system is set for sunnier climes after signing a deal to make a bespoke system for its new middle-eastern clients.
Four of the top five banks and five of the top ten are Polish, with PKO Bank Polski leading the way, just ahead of Bank Pekao and Bank Gospodarstwa Krajowego (State Development Bank).
The Polish banking sector posted a net profit of PLN 14.7 billion (EUR 3.38 billion) in 2018, which is a 7.5 percent increase year on year, the Polish Financial Supervision Authority (KNF) said in a Wednesday report.