The future government will face three major economic challenges: a marked slowdown in growth, a deterioration in budget deficit and an increase in credit risk.

Poland’s robust growth in 2021 is expected to continue in 2022. However, the economy is not immune to emerging challenges, including inflation, geopolitical tensions and raising interest rates.

The country’s leading lenders possess robust balance sheets, as well as ambitious plans to cut costs and further digitise their operations. 

The governor of Poland’s central bank, Narodowy Bank Polski, talks to The Banker about interest rate increases, foreign currency denominated mortgages and the sector’s exposure to transformation-related climate risks.

The EU has ruled that Poland's courts will decide whether Swiss franc loans issued locally in 2004 to 2008 were ‘abusive’, leaving banks facing legal action and, potentially, huge losses. 

Poland has attracted a good proportion of jobs and investment from US financial companies looking for bases outside a post-Brexit UK. Silvia Pavoni reports.

Poland's deputy finance minister, Piotr Nowak, a former fund manager and trader, tells Stefanie Linhardt about the country's public fundraising plans and the importance of a good relationship with the buy side, as well as Poland’s future within the EU and the health of its banking sector.