Poland: Improvements at Banking Sector Not Expected

People ♦ Published: November 15, 2013; 14:55 ♦ (Vindobona)

Next year’s results in the banking sector are not expected to exceed the ones in 2013.

Poland: Improvements at Banking Sector Not Expected / Picture: © Vindobona.org

According to CEO of insurance company PKO BP Zbigniew Jagiello, the banking industry in Poland will not achieve this year’s result in 2014. "It would be a very good result for the sector to repeat the result of 2013, but I am rather skeptical about it," Jagiello said.

However, the insurance company anticipates improvement through the takeover of Nordea…