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English Section

Polish banking sentiment index regains more ground: study

30.09.2020 00:05
Banking sentiment has improved further in Poland this month as the economy emerges from the coronavirus crisis, a study has found.
Pixabay License
Pixabay LicenseImage by Jakub Orisek from Pixabay

The Pengab index, which measures banking sentiment in the country, has edged up by 1.2 points to 5.3 in September, the Polish Bank Association (ZBP) and market researcher Kantar TNS have said in a joint report.

The index reflected a further increase in customer activity on the Polish market for banking services, following an upswing in the previous two months, according to the report.

Krzysztof Pietraszkiewicz, the head of the Polish Bank Association, was quoted as saying that the Pengab index regained more ground after a severe slide earlier this year, but was still significantly lower than before the pandemic.

The study was carried out from September 7 to 24, surveying 100 bank outlets nationwide, public broadcaster Polish Radio’s IAR news agency reported.

Earlier this year, banking sentiment in Poland tumbled to its lowest level on record amid the coronavirus pandemic.

(gs/pk)

Source: IAR, money.pl