No threat to Polish banking sector if a smaller bank falls – S&P

There is no threat to the banking sector in Poland if one of the smaller banks collapses, said Michał Selbka, the main analyst of the S&P Global Ratings agency.

He added that the largest banks are strong enough to support the sector.

S&P Global Ratings expects the Polish economy to grow by 3-4 percent in the next two years, with GDP per capita increasing to above $16,000 by the end of 2021.

According to Selbka, the ROE of Polish banks in 2019 will remain at 8 percent.