The Pengab index, which measures conditions in the banking industry, increased by 7.6 points month-to-month to 29.6 points in March, according to the Monitor Bankowy report issued by Kantar TNS. Last year, the indicator stood at 30.3 points.
The current indicator grew by 12.3 points m/m to 24.7 points, while the forecast grew by 2.3 points to 34.4 points.
“In February, the activity of both entrepreneurs and individual clients on the deposit market increased. There was also an increase in the activity of individual clients and entrepreneurs on the loan market. In the upcoming quarter, an upturn is expected in the housing loan market, investment and revolving loans. The macroeconomic forecast of the economic situation of enterprises and the country’s economy m / m slightly increased, and the forecast of the economic situation of households m / m was revised. Six-month forecasts for all banking services markets are favorable,” said Marcin Idzik from Kantar TNS.