Banking indicator inches up in July

The Pengab indicator, which measures the conditions in the banking industry, grew by 0.1 points month-on-month to 26.5 points in July, according to data quoted by ISBnews. In an identical period last year, the indicator registered 11.3 points. The assumptions component of the Pengab index also inched up by 0.1 points to 23.3 in July, while the forecast component grew by 0.2 points to 29.8. “In July, the banking sector is viewing the market situation as favorable,” said Marcin Idzik from TNS Polska. “Over the next three months, there is no forecast for a decline in customer activity,” he added.