Many unknowns
“There are still many unknowns, especially in the context of the franc loans repaid and the planned Franc Law of the Ministry of Justice. There is also anxiety associated with the number of lawsuits regarding loans Wibor and the issue of the so -called free loan” – said the financial sector leader Paweł Preuss quoted in the EY Partner.
There is still a lack of system solution
“From our perspective, the actions of the courts begin to resemble the situation from the beginning of problems related to CHF loans and all the time you can not see readiness to systemic the problem of the problem of ensuring the balance of rights and obligations of borrowers and banks, which can herald new challenges for the sector” – he added.
According to EY experts Banks are also struggling with rising operating costs. The deteriorating demographic situation and high inflation forced banks to increase salaries, which in 2024 was the main factor in the increase in operating costs. This situation may deepen in 2025.
They pointed out that to reduce the resulting cost pressure and use record profits resulting from high interest rates, banks implement new technologies, including AI/Genai, optimizing processes.
Geopolitical uncertainty
In the opinion of EY experts, uncertainty remains a permanent feature geopolitical environment. The biggest challenge for the Polish economy in 2025 will be to eliminate the effects of structural problems of the German economy. The increase in endangered loans among companies operating in German chains of values has already begun and its consequences may deepen.
They also indicated that actions would be important for the situation of Polish banks new US administration, both in terms of commercial policy towards China and the EU, as well as the impact on the development of the situation in Ukraine and economic decisions after the presidential election in Poland. The low level of private investments remains a long -term problem, which as a decrease in investment competitiveness is a significant challenge for the future of the Polish economy.
Weakening of the credit action
According to EY, the economic slowdown in countries that are the main direction of Polish exports and highly unstable and uncertain geopolitical conditions as well as the legal and regulatory environment negatively affect the credit action in the SME sector and large enterprises.
“Deregulation initiatives appearing in recent weeks should be assessed very positively, counting on their effective and quick implementation,” EY experts believe.
EY provides audit services, tax, business, strategic and transaction consulting. (PAP)
