Business Paid
Millions of zloty retained in bank accounts: data from the MFI
13:34
According to data from the Ministry of Finance, the number of STIR blocks in the first quarter of this year fell by nearly 8 percent compared to last year. In turn, the blocked amount increased by over 5.5 percent y/y. However, the number of blocked accounts decreased by 31 percent. The previously estimated impairments exceeded PLN 66 million and were over 61 percent smaller than a year before. According to experts, STIR will still be used.
This article is for subscribers
Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.
SubscribeOr try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.