Pengab falls to 19.6 pts
11:52
The Pengab index, which measures conditions in the banking industry, declined by 1.1 points month-to-month to 19.6 points in July, according to the "Monitor Bankowy" report issued by TNS Polska. In July of last year, the indicator registered 26.5 points.
The assumption component of the Pengab index fell by 4.9 points to 15.1, while the forecast component grew by 2.7 points to 24.1.
"The decrease is seasonal and it is expected that customers' activity will bounce back within three months," the report read.
