Transfers to Poland down, transfers to Ukraine up

Transfers from Polish emigrants in Q1 2018 reached PLN 3.7 billion, while transfers from Poland to other countries amounted to PLN 3.4 billion, NBP stated. The majority of transfers to Poland originated in Germany (PLN 1.3 billion) and the UK (PLN 0.8 billion). Compared to Q1 2017, the value of transfers to Poland decreased by PLN 0.2 billion, mainly due to the decline in transfers from Poles working in the UK. Transfers from Poland increased by PLN 0.7 billion compared to the corresponding period of last year. Transfers to Ukraine stood at PLN 2.9 billion (86.3 percent of the total sum). In Q1 2017, Ukrainians transferred PLN 2.4 billion.