Locked content Banking sector profit grows by 25.1% in July – NBP

Poland’s banking sector recorded an aggregated net profit of PLN 1.22 billion in July, according to data from the Poland’s Central Bank (NBP), representing a 25.1 percent growth y/y. At end-July, the sector had PLN 8.09 billion net profit, down by 12.5 percent y/y. Operational costs stood at PLN 2.6...

Locked content KNF: Banking sector down 17.5% in H1

Poland’s banking sector recorded an aggregated net profit of PLN 6.87 billion H1, according to data from the Financial Supervision Authority (KNF), representing a 17.5 percent decline y/y. Net income from banking activity stood at PLN 30.5 billion and decreased by 1.9 percent y/y. Banks’ net interes...

Locked content Loans up by 3.9%, deposits by 4.8% in H1

According to data released by the Polish Financial Supervision Authority (KNF), the total value of loans in the banking sector in Poland, including foreign units, increased by 3.9 percent y/y reaching PLN 1,033.45 billion. The value of loans for enterprises increased by 5.8 percent y/y to PLN 359.42...

Locked content Banking sector H1 profit drops

Poland’s banking sector recorded an aggregated net profit of PLN 6.88 billion in H1, according to data from the Poland’s Central Bank (NBP), representing a 16.9 percent drop y/y. In June the profit amounted to PLN 1.69 billion. Operational costs stood at PLN 16.66 billion in H1 and increased by 6 pe...

Locked content KNF: Banking sector down 2.15% at end-May

Poland’s banking sector recorded an aggregated net profit of PLN 5.17 billion at end-May, according to data from the Financial Supervision Authority (KNF), representing a 2.15 percent decline y/y. Net income from banking activity stood at PLN 24.89 billion and increased by 4.8 percent y/y. Banks’ ne...

Locked content Banking sector profit soars in May

Poland’s banking sector recorded an aggregated net profit of PLN 1.33 billion in May, according to data from the Poland’s Central Bank (NBP), representing a 35.4 percent growth y/y. At end-May, the sector had PLN 5.29 billion net profit, down by 2 percent y/y. Operational costs stood at PLN 2.69 bil...

Locked content S&P: Polish banking sector with negative industry risk outlook

Poland’s banking sector is facing negative industry risk outlook, due to increasing state ownership in the sector, rating agency S&P said. According to S&P such situation can affect competitiveness. “Although we believe that the probability of a radical conversion of Swiss franc loans ...

Locked content Banking sector net down by 10.5% at end-April

Poland’s banking sector recorded an aggregated net profit of PLN 3.85 billion at end-April, according to data from the Poland’s Central Bank (NBP), representing a 10.5 percent decline y/y. In April alone, the profit stood at PLN 1.01 billion, an 8.6 percent y/y drop. Operational costs stood at PLN 1...