Polish Banking Sector: “Too Early for Recovery”

Politics ♦ Published: April 29, 2014; 13:26 ♦ (Vindobona)

The Polish banking sector has to be patient for economic recovery to show on their results.

The Polish banking industry is required to be patient for profits to return. / Picture: © Vindobona.org

The positive effect of the economic recovery has not yet reached the results of the Polish finance industry. According to brokerage analysts Wood & Co., the first quarter (Q1) in 2014 will be “a slow start” for earnings. "It is too early for any recovery to influence the banking sector volumes and we expect this to be visible only in the followingquarters," the analysts…

or Log In

Fast News Search
Related News
Russia: Austrian Banks Demonstrate Serenity (April 26, 2014)
Poland Fears War in Ukraine (April 25, 2014)
Poland: BNP Paribas Bank Polska Hopes for Higher Profits (April 24, 2014)
Poland: Costs for Banking Services Rising Dramatically (April 23, 2014)
S&P Upgrades Polish Banking Sector (April 16, 2014)
Read More
Poland, Banking Industry, PKO BP, NBP National Bank of Poland, Earnings, Foreign Politics, Ukraine, Russia, Economic Growth
Featured
See latest Vindobona Newsletter