Koniunktura w bankowości : październik-grudzień 2020 Prace i Materiały Instytutu Rozwoju Gospodarczego SGH

Abstract

In the 3rd quarter of 2020 the banking sector performance improved. The IRG SGH banking confidence indicator (IRGBAN) grew by 40 pts to -7,4 pts. The increase was due to a rise in the balances of profits, result on banking activity and employment.The improvement is of short duration, however. Since the beginning of 2013 situation in the banking sector has been highly volatile. The standard deviation increased by 3.2 pts in comparison to the years 1999-2012, and the average declined by 16.3 pts, explicitly showing diminishing trends over time in the last recent years. The surveyed banks expect the state of the sector to lessen ever more in the 4th quarter (the leading indicator is -39.6 pts)(original abstract)