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).
In August this year, average weekly restaurant spending was more than 43 percent higher than a year ago, wrote Santander Bank Polska economists on Monday, after an analysis of transactions made with the payment cards of its customers.
During several weeks of the coronavirus pandemic, the share of e-commerce in Poland's retail trade grew from 5.5 percent at the end of 2019 to nearly 12 percent, reads a report by the Santander bank.
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).
Santander Bank Polska's 1st quarter net profit fell to PLN 170.9 million (EUR 37.78 million) from PLN 339 million (EUR 74.93 million) in the 1st quarter of 2019, the bank has announced in a report.
Launched just five years ago, BLIK now has around eight transactions every second which is set to increase dramatically following its partnership with Dutch payment provider Adyen.
Santander Bank Polska says that despite the change of name and logo all agreements remain in force and customers won’t need to sign any additional amendments.
The Polish banking market is going through a period of consolidation