Koniunktura w bankowości : kwiecień-czerwiec 2018 Prace i Materiały Instytutu Rozwoju Gospodarczego SGH

Abstract

In the 1st quarter of 2018 the IRG SGH banking confidence indicator (IRGBAN) decreased from +29.8 pts to +2.6 pts. The decline was caused by a decrease in the balances of the result on banking activity and of profits. According to the surveyed banks, they still face some serious issues. The most significant ones are high tax burden, unstable laws and financial situation of their clients. However, banks earned much higher profits than expected in the 4th quarter of 2017, and tend to have rather an optimistic view on their business prospects. IRGBAN is expected to grow to 14.7 pts over the next quarter.(original abstract)