Capital shortage translates into lower sentiment in SME sector

30 years of building a market economy in Poland has turned out to be too short a time for small and medium-sized enterprises to accumulate capital that provides them with a sense of security in the face of a pandemic, assesses Magdalena Zmitrowicz, Vice President of Bank Pekao. In her opinion, it is necessary for banks, state and EU institutions to financially support Polish enterprises in the future.

The impact of the Covid-19 pandemic on Polish entrepreneurs in 2020 was a special topic of…