Inteliace Research

Insurers operating in Poland are expected to take advantage from the ongoing economic recovery.

“Accelerating economy will help banks operating in Poland to grow in 2014-2016,” said Marcin Mazurek, director of Inteliace Research, during a presentation of Inteliace's latest report, Banking Market in Poland.

“Improving economy, stable real estate prices and low interest rates will support growth in new mortgage lending in Poland in the years 2014-2016" explains Marcin Mazurek, Director of Inteliace Research, a consultancy.

Surging assets of investment funds drive the expansion of the whole asset management industry in Poland says Marcin Mazurek, director of Inteliace Research, during a presentation of Inteliace’s latest report, “Asset Management in Poland"

Despite some structural challenges in Hungary and Slovenia, banking sectors in Central and Eastern Europe recorded healthy growth in 2012. The key metrics - banking assets increased by almost 5% to a total of EUR 1039 billion at the end of 2012

Poland dominates the insurance sectors in Central and Eastern Europe with 15 billion EUR in annual premiums, a 44% regional premium share, and still high growth potential, which explains the M&A activity,” explains Marcin Mazurek.

“Stagnating revenues will force Poland’s banks to slash operating costs to retain profitability in 2013,” said Marcin Mazurek, director of Inteliace Research, during a presentation of Inteliace’s latest report, Banking Market in Poland

“By consolidating smaller banks, leaders could realize significant economies of scale and benefit from cost reductions as a way to offset stagnating revenues.” explains Marcin Mazurek, Director of Inteliace Research, a consultancy.

“Mortgage lending in Poland inched up a mere 1% in 2012, to a total 316 billion PLN. Also, 2013 is not likely to bring a significant improvement as positive factors will kick in first in 2014” explains Marcin Mazurek of Inteliace Research

“The asset management sector in Poland is growing quickly at 14% p.a. despite the crisis. Total assets under management in Poland exceeded € 116 billion as of 1H2012. ” says Marcin Mazurek, director of Inteliace Research”