Koniunktura w bankowości : lipiec-wrzesień 2021 Prace i Materiały Instytutu Rozwoju Gospodarczego SGH

Abstract

In the 2nd quarter of 2021 the overall situation in the Polish banking sector improv ed. The IRG SGH banking confidence indicator (IRGBAN) increased by 5.7 pts to 10.5 pts. It is now 58.1 pts up from the respective figure in 2020. Some of the main reasons for this phenomenon stem from a number of positive employment-related factors, which made up for the decline in banks' profits and worse operational results. The surveyed banks expect their activity to rise in the 3rd quarter of 2021, with the leading indicator equal to 8.7.(original abstract)