Profits Grow Slower in Polish Banking Sector

Professional ServicesBanks ♦ Published: August 10, 2012; 16:12 ♦ (Vindobona)

The Polish banking sector is still very stable. However, a trend reversal is foreseeable.

Profits Grow Slower in Polish Banking Sector / Picture: © Vindobona.org

In the Polish banking industry, profits are still rising. Against last year, the rise in profits is lower, though. Analysts expect that the dynamics in the banking sector comes to an end.

In the first six months of 2012, net profits totaled € 1.96bn. Against the reference period of 2011, this is an increase of 1.9%. In 2011, profit growth amounted to 33%. The biggest Polish…