Pengab gap widens
Nevertheless, the monthly survey showed that the overall outlook for the sector in 2005 remains bright, based on economic growth.
The index, based on a survey of 200 bank managers and conducted by polling agency Pentor, shows the percentage-point gap between positive and negative assessments of the sector's health.
"We are still in the January doldrums, the market is frozen. Only the optimism of the bankers is rescuing the Pengab," Pentor's chief Eugeniusz Śmiłowski said, adding that he expected improvement in March. Polish banks constitute about a third of the stock exchange's $97 (zł.297) billion market capitalization. Recently, they have benefited from increased demand for mortgages and consumer loans. (Reuters)
A.K.
The index, based on a survey of 200 bank managers and conducted by polling agency Pentor, shows the percentage-point gap between positive and negative assessments of the sector's health.
"We are still in the January doldrums, the market is frozen. Only the optimism of the bankers is rescuing the Pengab," Pentor's chief Eugeniusz Śmiłowski said, adding that he expected improvement in March. Polish banks constitute about a third of the stock exchange's $97 (zł.297) billion market capitalization. Recently, they have benefited from increased demand for mortgages and consumer loans. (Reuters)
A.K.
