In addition to believing that their money is safe, 68 percent of Poles also think that banks work in the correct way.
CBOS reports that the people more convinced by banks are those who have obtained higher education and are in a better financial situation. Positive respondents also included younger people and those living in large towns.
84 percent of Poles use banking services
The surveyed also positively evaluated the work of the Polish Financial Supervision Authority and trust that banks are overseen properly. CBOS stated that 84 percent of Poles use banking services.
In comparison, 2006 was the last year with such a high number of Poles trusting banks – 74 percent. In 2008 that number dropped to 59 percent and in 2012 it hovered around 62 percent.
Report: Poles had record savings in December, increasingly purchasing gold
Poles are stocking up on gold as inflation concerns grow
Polish central bank is purchasing foreign currency to weaken Polish złoty
The aim of the Polish National Bank (NBP) is to strengthen the impact of looser monetary policy on the Polish currency and on the economy, informed NBP head Adam Glapiński
Low interest rates on Polish bonds help fund fight against COVID-19
The record low interest rates on Polish bonds on the financial markets means that the national debt incurred will be relatively cheaper to service
Coronavirus: Poland’s anti-crisis shield helped over 500,000 applicants
The Polish anti-crisis shield, worth 15 percent of GDP, is the first program on such a scale in Europe
Poland offers new subsidy package aimed at saving companies from coronavirus crisis
The government introduces a new €22 billion (100 billion złoty) anti-crisis finance package
Coronavirus leaves Poles with bleak outlook: survey
Poles, like many others around the world, are reeling from the effects of coronavirus
Polish central bank chief: ‘We have planty of cash’
Poland’s National Bank (NBP) chief, Adam Glapiński, said that a recession in Poland was unlikely
Polish factories hit hard by coronavirus in China
Polish companies and employees will be affected by the closing of thousands of Chinese factories
100 tons of Polish gold returns home
Secret operation by planes and blue tracks.
World Bank GDP growth forecast for Poland upgraded
The World Bank has increased Poland’s GDP growth forecast for 2019 by 0.1 percent since October and by 0.8 percent since mid-2018. The forecast for GDP growth now stands at 4 percent.
Polish households now have a third more disposable income than in 2015
An average Polish household now has a third more to spend than it had three years ago, while 70 percent of Poles have savings. This is a measure of how living standards have risen in Poland, an analysis by “Open Finance” states.
Poland demands say over eurozone budget plans
Poland is worried about countries which are not yet in the eurozone being excluded from decision-making processes on a separate EU budget for the eurozone, writes Anna Słojewska in “Rzeczpospolita”. Poland does not want just the finance ministers in the eurogroup making all decisions about the criteria and timing of that instrument.