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S&P: Polish Banks to Remain “Strongly Profitable”
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Published: January 15, 2014; 16:47 ♦ (Vindobona)
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In 2014’s outlook on Polish banks rating agency Standard&Poor; announced that Polish banks are expected to benefit from an ongoing economic recovery and remain “strongly profitable”.
S&P: Polish Banks to Remain “Strongly Profitable” / Picture: © Wikipedia / Magnus Manske
"Polish banks' sound financial profiles and balanced business models should allow them to withstand adverse economic and operating conditions and remain strongly profitable in 2014," the statement read.
"Polish banks' creditworthiness should benefit from the gradual economic recovery, thanks to an improvement in their earnings generation and a stabilization of their asset…
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