State banks have the greatest potential.  The new government will have a powerful tool

There is a famous saying that banks are the lifeblood of the economy. This is also true for Poland, although the ratio of bank assets or loans to GDP is one of the lowest in the European Union. The banking sector is the main source of financing for the Polish economy, and the level of banks’ funds has a major impact on the possibilities of financing the country’s development programs and its economic growth.

At the end of 2022, the lending potential of the Polish banking sector amounted to approximately PLN 417 billion. – According to a report by McKinsey & Company consulting company. It is worth paying attention to 2021, when capabilities decreased by 20% and then by another 1%. In 2022

The decline in lending potential in 2021 was mainly due to the increase in the BOJ’s reference rate, which contributed to a decline in the value of fixed-rate bonds held by banks (measured at fair value through equity). There was also a clear negative impact of the provisions on Swiss franc mortgages, and in 2022 also on credit holidays.

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