48% of online shoppers still pay in cash

Some 48 percent of people making e-purchases in Poland choose cash payment on delivery, according to a study conducted for Krajowa Izba Rozliczeniowa (KIR) and the Polish Bank Association (ZBP).

Locked content Over half medium-sized co’s have bank loan

More than a half (52 percent) of medium-sized companies and 42 percent of micro and small enterprises currently use bank loans, according to a study carried out in Q2 this year by CBM Indicator in cooperation with the Warsaw Institute of Banking (WIB) and the Polish Bank Association (ZBP). At the en...

ZBP: last year was the best for mortgages in 6 years

Polish banks granted some 190.6k new housing loans in 2017 worth PLN 44.57 billion, according to data released by market lobby ZBP. This was the best result in 6 years. In Q4 alone, the banks granted 44.7k mortgages worth PLN 10.93 billion, which was a 0.2 percent q/q drop.

Locked content Housing loans drop in Q3 – ZBP

Polish banks granted 45,824 new housing loans in Q3, according to data released by market lobby ZBP. That figure is 8 percent lower q/q. In terms of value, mortgages reached PLN 10.95 billion, which is 6.3 percent less q/q. In y/y terms, origination grew by 7.5 percent, while the value increased by ...

Locked content ZBP wants restructuring for FX mortgages granted before ’09, and...

Banking lobby ZBP wants FX mortgage restructuring to apply only to loans granted before 2009 and proposes that clients would co-finance the restructuring process. Moreover, it proposes that such costs would reduce the lenders’ tax base. ZBP claims that the presidential FX-denominated mortgage relief...

Locked content SKOK should remain being covered by banking sector guarantees – ...

Poland will keep banking sector guarantees for the troubled credit unions (SKOK), according to Deputy PM Mateusz Morawiecki. “I would not be in favor of such solutions,” Morawiecki said, adding that the unions are “in good shape.” His words come after banking market lobby ZBP said that credit unions...