Citi Handlowy’s CEO: social package will increase savings

The fiscal package proposed by the government may significantly support the growth of savings and lead to a further increase in consumption, believes Sławomir Sikora, the CEO of Citi Handlowy. According to him, this package may also result in a lower demand level in the cash loan market.
In Sikora’s opinion, the funds from the fiscal package can only reach the capital market to a limited extent. “The capital market has been shrinking in the last five years,” Sikora said. Besides, interest in the stock exchange is mainly generated by large IPOs from which individual investors can profit, but we have not seen any such IPOs of late, he noted.
(ISBnews)