Polish Banking Sector Sees 16% Profit Growth in Q1 2025, but Full-Year Outlook Remains Cautious

In the first quarter of 2025, Poland's banking sector reported a net profit of PLN 11.7 billion, marking a 16.1 percent y/y increase, according to the National Bank of Poland. The growth was driven by a 12.5 percent rise in net operating income, totaling PLN 34.5 billion, while impairment losses dropped by 13 percent to PLN 1.28 billion.