ZBP: banking sector earnings could fall significantly as interest rates fall
The Polish Bank Association (ZBP) warns that with falling interest rates, banks' financial results may significantly decline. In 2023, the sector's net profit reached PLN 42.18 billion, largely driven—over 81%—by high interest income under elevated rate conditions. ZBP stresses that the current strong performance is temporary and should be used to strengthen banks' ability to support future investment growth, including private sector investments.
In 2025, banks will face multiple challenges, such as changing macroeconomic conditions, high geopolitical risks, and digitalization pressures. Strategic preparation, investment in new technologies, and flexible product adaptation will be crucial for maintaining sector stability and competitiveness.
