Market Overview

Research and Markets: Banking Market In Poland 2012-2014 - Update 1H 2012, CEE Banking Series Report


Research and Markets ( has announced the addition of the "Banking Market In Poland 2012-2014 - Update 1H 2012, CEE Banking Series" report to their offering.

Banking Market in Poland 2012-2014, Update 1H 2012 is the latest update of the comprehensive annual publication about the banking sector in Poland. It describes the present market structure and recent trends in the market and also provides short-term estimates of key banking volumes for the years 2012 through 2014.

When preparing this report, Intelace Research responded to feedback received from its clients and incorporated several improvements that make this new issue even more reader-friendly and informative.

Economy and the Banking Sector in Poland:

Poland's economy grew at a 2.9 percent annual rate in the first half of 2012 despite increasing global economic headwinds. This still-favorable growth can be attributed to two key factors: corporate investments (+3.7% yoy), and a positive contribution of foreign trade (exports +4.2%, imports -0.5% yoy). Private consumption, a major growth driver in the past years, has already shown some fatigue, although it remained positive (+1.8% yoy). The major factors behind weakening private consumption are stagnating wages, the unemployment ratewhich is inching higher (12.4% in June 2012)and less available consumer credit, all factors forcing individuals to limit their spending.

Future Outlook:

In our base-case scenario, we see a decelerating growth in key banking volumes through 2014, with banking assets growing at an average nominal annual rate of below 9% vs. 11% recorded in 2009-2011. The persisting and elevated level of unemployment and the population's stagnating real incomes will limit the growth of retail volumes, although the relaxing of regulatory requirements expected in 2013 will bring some relief, especially to specialized banks that derive most of their revenues from the personal-finance sector. We expect a transitory cooling in the corporate segment to occur in 2013. At the same time, we consider a resumption of growth in a one-to-two-year horizon very likely taking into account the large investment needs in the economy.

Key Topics Covered:

Executive summary

1. Macroeconomic overview

2. Banking market - General trends

3. Retail banking

4. Corporate banking

5. Banks' profitability

6. Banks' valuation and M&A activity

7. Top 5 banks - Profiles

8. Mid-term forecasts

9. Notes on methodology

Companies Mentioned:

- Narodowy Bank Polski , NBP

- Allied Irish Banks

- Allianz Bank

- Alior Bank

- Bank BPH

- BGZ Bank Gospodarki Zywnosciowej

- BNP Paribas Fortis

- BRE Multibank

- DnB Nord

- FM bank

- Fortis BNP Paribas

- GE Money Bank



- Getin Noble Bank



- Lukas bank - Credit Agricole

- mBank

- Meritum Bank

- Millennium BCP

- Open Finance

- PKO Bank Polski

- Pioneer

- Polbank EFG

- Rabobank

- Raiffeisen Bank

- Santander Consumer Bank

- Bank of China

- ICBC - Industrial and Commercial Bank of China Ltd

For more information visit

Research and Markets
Laura Wood, Senior Manager.
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking

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