22:15 5 November 2024
Polish private debt market to grow to PLN 9.2-16.9 bln by 2030
Poland’s private debt market could reach PLN 9.2 billion in a pessimistic scenario and PLN 16.9 billion in an optimistic one by 2030, with a baseline projection of PLN 14.3 billion, according to a Strategy& report presented at the Corporate and Investment Banking Congress. ING Bank’s vice president, Michał Mrożek, suggested that regulatory limitations in the banking sector create room for private debt entities, allowing for potential collaboration rather than competition.
Mrożek noted a sector shift: banks are moving away from capital provision towards advisory roles, a change accelerated by the pandemic. Adam Pers, mBank's vice president, highlighted private debt as a distinct asset class, complementary to bank financing, often funding stages banks avoid, like land acquisition before construction.
