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Banks in Poland facing collapse

18:53

Banks in Poland facing collapse
Marian Noga, source: Newseria

Banking sector's profit in the first months of this year dropped by over 40 percent y/y. Record low interest rates, capital outflows from the banking market, a significant increase in credit risk and bank failures that could trigger a wave of dominoes are the main threats that the sector will face in the coming months. According to prof.

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