– Banks’ capital needs resulting from the so-called MREL (i.e. Minimum Requirements for Funds and Liabilities Subject to Write-off or Transfer – PAP) – estimated at PLN 20-25 billion. In 2022, there has been no successful issue in the financial sector due to the difficult macroeconomic situation and geopolitical situation. I don’t think these conditions will change drastically in 2023. Therefore, I assume that there are still difficulties in raising capital, – said the head of Alior Bank, Grzegorz Olszewski.
He added that raising capital from the market will be a major challenge for banks that must be faced, despite the high cost of capital. He also noted that in the case of Polish banks, there may be an additional problem Judgment of the Court of Justice of the European Union On the question of compensating banks for the capital expended under a loan agreement in Swiss francs in the event of such an agreement being revoked. As explained, The problem of Swiss franc loans affects Banque Alior to a very small degree. – It can be said that against the background of the sector, the problem of Swiss franc loans is marginal for Alior Bank, – he said.
He added that the entire economy may lose as a result of a negative ruling by the Court of Justice for banks.
– The economy is a system of interconnected vessels. Not so in the case Favorable judgment from CJEU They will just win. Such a ruling would affect banks’ capital, their ability to generate credit, and their ability to finance the economyand this will be important when the economy recovers from a slowdown, – said the head of Alior.
He pointed it out The Bank’s forecast assumes that Poland will avoid recession and that unemployment will remain low, but the increase will be much smaller.
– But in the event that there are fewer opportunities for banks to finance the economy, then when they get out of this slowdown, they will suffer, among other things. investment loans. The head of Alior said that the banking sector is not perfect, but that the Polish economy has no better source of financing than a bank loan.
Echo Richards embodies a personality that is a delightful contradiction: a humble musicaholic who never brags about her expansive knowledge of both classic and contemporary tunes. Infuriatingly modest, one would never know from a mere conversation how deeply entrenched she is in the world of music. This passion seamlessly translates into her problem-solving skills, with Echo often drawing inspiration from melodies and rhythms. A voracious reader, she dives deep into literature, using stories to influence her own hardcore writing. Her spirited advocacy for alcohol isn’t about mere indulgence, but about celebrating life’s poignant moments.