Banking Inspectorate reports foreigners have 70% of Polish banking sector
The General Banking Supervisory Inspectorate (GINB) has presented a report
according to which banks with majority foreign ownership control almost 70%
of the net assets of the Polish banking sector. There are 46 banks
controlled by foreign entities in Poland, and last year they pulled in 63.5%
of all non-banking sector deposits and granted 70.2% of all loans. As of the
end of last year, foreign investors brought a total of zl.4.575 billion of
capital into the Polish banking sector, of which zl.1.224 billion was
invested by U.S. entities and zl.1.088 billion by German ones. (Gazeta
Wyborcza, May 12-13, p.29) T.J.
