Polish banks with stable outlook – Fitch
18:19
“The outlook remains stable but the balance of risks is slightly positive,” said Artur Szeski, director at Fitch Polska to the Polish Press Agency.
“While we see slight signals of improvement, regarding, among others, asset quality, we believe it is still too early to change the outlook to positive,” he added.
The ratings agency believes that the banking sector in Poland has high capacity to absorb potential losses and has a chance to slightly improve its profitability this year.
Among risk factors, Fitch names threats related to FX loan portfolios. “This problem has so far materialized only to a small degree but examples of other countries in the region indicate it is a significant risk,” Szeski underlined.
/jc/jb
