A rapid economic recovery has given a boost to Poland’s banks, but a slowdown from high inflation is on the way, driving up the cost of risk for banks.
Central & Eastern Europe
Latest articles from Poland

Headwinds lie in wait for Polish economy
February 28, 2022Poland’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.

Poland’s banks pursue a bright future
February 28, 2022The country’s leading lenders possess robust balance sheets, as well as ambitious plans to cut costs and further digitise their operations.

Poland's central bank governor takes aim at inflation
February 17, 2022The 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.
Mortgage exposures weigh on Polish banks
September 16, 2021Poland’s largest bank, PKO Bank Polski, saw pre-tax profits slump 109%.

Swiss franc loans issue continues to plague Polish banks
January 2, 2020The 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 scoops financial services FDI Brexit dividend
July 4, 2018Poland 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 stays close to the EU
June 1, 2018Poland'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.

Poland’s banking sector heads for consolidation
April 3, 2018Greater capital requirements and pressures on profits are likely to increase competition among Polish banks and encourage further consolidation. Stefanie Linhardt reports.
Will EU dispute derail Poland's economy?
April 3, 2018Poland's political dispute with the European Commission could threaten the country's impressive economic growth of recent years, reports Stefanie Linhardt.