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Despite the Global Financial Crisis, the Banking Sector in Poland Records Robust Growth, Says Inteliace Research


Warszawa, Poland, April 28, 2012 --(PR.com)-- “The good condition of banks operating in Poland is contrasting with the troubled banking sectors in Western Europe,” says Marcin Mazurek, director of Inteliace Research, during a presentation of Inteliace’s latest report, Banking Market in Poland, 2012-2014.

Despite the persisting global financial crisis, the banking sector in Poland recorded a robust growth in 2011. The total assets of commercial banks increased by 12% yoy, the net banking revenue went up by 9% and the bottom line surged by over 33% to 14.5 billion PLN.

The good condition of banks operating in Poland is contrasting with the troubled banking sectors in Western Europe. Forced by regulators to improve balance sheets, short on capital and lacking liquidity, more and more Western European banks consider cashing on their Polish subsidiaries. The funding of lending expansion with cheap credit, previously abundantly pumped up to Poland, by foreign banks is coming to an end. Poland's banks are expected now to become self-contained in terms of funding of their lending. Unfortunately, the local deposit markets are not deep enough to accommodate all the needs, so bonds and other long term financing options are becoming increasingly popular in filling the gap.

The future outlook for the sector is still positive. Key banking volumes are expected to sustain growth, while profits of banks are likely to remain at the current level.

For more information on recent developments in the Polish banking sector, please refer to the publication "Banking Market in Poland, 2012-2014" available at: http://www.inteliace.com/publications.html

About The Report

“Banking Market in Poland 2012-2014” is the latest full update of the comprehensive publication on the banking sector in Poland. It describes the present market structure and recent trends in the market and also provides short-term estimates of key banking volumes for the years 2012 through 2014. Compared to the 2011 edition, it has been upgraded with new analyses and now contains 135 pages. When preparing this report, Inteliace Research responded to feedback received from its clients and incorporated several improvements that make this new issue even more reader-friendly and informative.

About Inteliace Research

Inteliace Research is an independent consulting company that focuses on the financial markets in Central and Eastern Europe. Inteliace Research specializes in management consulting and custom research services, including market entry strategy, product launch, performance and benchmarking analysis.

During 2005-2012, Inteliace Research provided its products and services to more than 50 clients, including major CEE banks and several "The Banker" top world banks. To learn more about the company, visit Inteliace Research's webpage: www.inteliace.com.
Contact Information
Inteliace Research
Marcin Mazurek
+48224086620
Contact
http://www.inteliace.com/

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