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Poland Commercial Banking Report Q3 2007Product Type: Market Research ReportPublished by: Business Monitor International Published: October 2007 Product Code: R302-2638 Description Key IssuesThis quarter we have updated a lot of the numeric information in the banking reports. We now have final banking statistics, sourced from the central bank/regulator or trade association, in relation to the end of 2006 for all countries except Iran. All of the commercial banking reports need to be considered in the context of a global environment that was benign for banks in the vast majority of the 59 countries for which we have collected data. In 2006 the median local currency growth in total assets was 17.2% in Croatia. The median local currency growth in total loans was 18.2% in Bangladesh. The median local currency growth in total deposits was 16.9% in Algeria. In almost all countries local currencies were stable or rising relative to the US dollar. Except in Venezuela and Iran, figures were not distorted by double-digit inflation. Loan/deposit, loan/asset and loan/GDP ratios all provide a rough measure of the development of the banking systems. Across the 59 countries for which we have collected data, the median loan/deposit ratio is 85.1% in Thailand. The median loan/asset ratio is 54.8% in Romania. The median loan/GDP ratio is 53.4% in Kuwait. Across the eurozone, by comparison, the equivalent numbers are 126.4%, 50.6% and 119.3%. All three ratios are rising in most of the countries for which we have collected data. This quarter we have completely updated all numeric information. For almost all countries whose commercial banking sectors we survey, we now include data that pertains to the end of 2006. We have also incorporated economic information from BMI’s database as at 25 April 2007. The economic position in Poland is stronger and appears more stable than it has been in the past. Foreign direct investment (FDI) is at high levels and is sufficient to cover the current account deficit. The quality of the inflows is high and the growth rate in the economy is sustainable. Projections for the growth in assets, loans and deposits are quite healthy (about 12%) over the next five years, with a rising trend for loan/asset, loan/GDP and loan/deposit ratios. Nonetheless, Poland’s banking system has a way to go compared with all 59 countries; it is in the bottom third of countries surveyed. However, a healthy economy, a reasonably large population and currently low levels of deposits per capita should continue to drive growth in the sector, going forward. As confidence in the sector increases there is the potential for very significant growth; the country has a large population and a substantial economic base. Table of Contents
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