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Poles keep over PLN 1 trillion in banks

22:57

Poles keep over PLN 1 trillion in banks
Source: Piqsels

Poles accumulated over a trillion zlotys in banks in February this year, for the first time in history – wrote HRE Investments expert Bartosz Turek in the analysis published on Wednesday.

The analyst's calculations show that Poles' savings accumulated in banks are so large that they would be able to finance all budget expenses for two years. For example, in 2020 almost PLN 505 billion was spent from the state budget, which was allocated, inter alia, to on the operation of courts, parliament…

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