Assets of banks in Poland
Institute’s analysts, citing data National Bank of Polandthey pointed out that all banks operating in Poland had assets worth PLN 3317 billion at the end of 2024, i.e. approx. 92 percent. Polish GDP; They generated PLN 42 billion of net profit. “From these assets, about 59 percent are controlled by domestic capital (…), and others by entities dependent on foreign banking groups” – they noted. This means that the share of domestic entities on the domestic market is “relatively small” because the EU average is 72 percent.
“The Polish banking sector is small on the background of the European Union. The assets of domestic banks in the third quarter of 2024 amounted to EUR 452 billion (approx. PLN 1930 billion at the then exchange rate), i.e. only 53 percent. GDP. In relation to GDP it was 19. The weakest result in the European Union, At the median of 111 percent ” – he emphasized Pie. This means that Polish banks are” small also in terms of nominal amounts “.” If Poland has 6. The highest GDP among EU countries, the sector’s assets are only 11th place ” – he pointed out.
Less potential for financing large projects
According to the Institute, a small one The size of the national banking sector means that Banks have limited potential to finance the largest development projects Due to the amounts required by investments – regardless of the rate of return on the project. However, the rate of return of Polish banks is relatively high.
Larger rate of return
The Institute’s experts pointed out that in the first three quarters, domestic banks generated EUR 4.7 billion in profits, which “implies Roa return on RoA assets of 1.05 percent“This result – as they pointed out – is slightly above the EU median, which is 0.93 percent.” In turn, the rate of return on Equita Roe capital was 12.2 percent, i.e. by 2.2 points. percent Above the median in the EU ” – they added.
Explained that Higher ROE is a derivative of increased profitability, including Due to interest rates NBP, but “is also an indirect effect of the weaker development of the capital market in Poland, in which a significant part of household savings goes to banks instead of e.g. on the stock exchange.” “In addition, the results of individual banks are limited to a limited extent due to another assembly portfolio structure (mortgage, corporate loans or bonds) or various financial risk protection strategies (banks to varying degrees insure themselves Before changing interest rates by the NBP) ” – the experts pointed out.
Pie is based on data European Central Bank In the third quarter of last year
The Polish Economic Institute is a public Think Tank economic; He prepares reports, analyzes and recommendations regarding key areas of the economy and social life in Poland. (PAP)
