The rate hike will slightly affect the banks' earnings

After Wednesday's MPC decision, bank rates may continue to rise, the more so as the rate hike cycle is not in their prices. The impact of a 40 bp rate hike will be slightly visible in this year's results of the sector, banks' profits will increase by PLN 150-200 million. The full impact will be visible after about 2-3 months, and the banks with strong consumer loans will benefit most from it, analysts believe.

“There is still a potential for bank rates to rise, perhaps the beginning of the…