Not only Polish mortgage loans have become more expensive
In the US, after interest rate increases, the installment of a new loan increased by 50 percent. For comparison, the Polish loan installment increased in a similar period by almost 80 percent. However, in the USA housing loans are granted with a fixed [...]
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22 February 2023
Will frankowiczów sink the banks? [Closer to the Exchange]
During Tuesday's session, the WIG20 index broke the support around 1850 points, continuing the correction of last year's increases started in mid-January. The banking sector exerted considerable pressure on the Warsaw bluechip index, [...]
437
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January 4 2023
Interest rates unchanged: pause or end of hike cycle?
At the fourth consecutive meeting, the Monetary Policy Council did not raise interest rates - the basic rate is still at 6,75 percent. We still do not know whether this is just a pause or the end of the hike cycle. Answer [...]
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SEPTEMBER 5, 2022
Credit Suisse - another Lehman Brothers or a false alarm?
Banks are interesting businesses. Even their accounting is completely different from "ordinary" companies. Moreover, banks play a very important role, which is the proper allocation of capital in the economy.