Koniunktura w bankowości : lipiec-wrzesień 2019 Prace i Materiały Instytutu Rozwoju Gospodarczego SGH

Abstract

In the 2nd quarter of 2019 the IRG SGH banking confidence indicator (IRGBAN) increased from -21,2 pts to 11,9 pts. The increase was mainly caused by a rise in the balances of the result on banking activity and profits. According to the surveyed banks, they still face some serious issues. The most significant ones are unstable laws and regulations, high tax burden and low demand for banking services. All factors combined are expected to diminish banks' profits in the 3rd quarter.(original abstract)