PKO BP CEO: Investment in Poland Starts to Grow, Outlays May Exceed PLN 700 Billion
Szymon Midera, CEO of PKO BP, predicts an investment surge in the Polish economy. Nominal outlays on fixed assets are set to exceed PLN 700 billion for the first time, with growth expected to be double-digit.
Frames For Your Heart · Unsplash License
- 0views
- 0likes and saves
- 0skips
Investment outlays may break a record
Szymon Midera, CEO of PKO BP, assesses that the Polish economy is entering a phase of a clear investment recovery. As he tells money.pl, nominal outlays on fixed assets will for the first time in history exceed PLN 700 billion, which means double-digit growth. (Ważny sygnał z gospodarki. Prezes PKO BP dla money.pl: W Polsce słychać już silnik inwestycji – Money.pl)
Forecasts lower than at the beginning of the year
The bank's CEO, however, cautions that expectations are somewhat more modest than in the spring. Although the chance of a surge exists, forecasts for this year's investments have been lowered compared with what was assumed at the beginning of the year.
Mortgage loans and corporate financing
The bank is working on implementing a model mortgage loan agreement this year. Midera announces that PKO BP will encourage the entire sector to adopt this solution.
Platform liability for advertisements
The CEO of PKO BP pointed to the problem of fraudulent advertisements on the internet. In his view, consideration should be given to what financial liability platforms should bear for this content.
Foreign expansion
The bank is accelerating its activities beyond the country's borders. According to Midera, PKO BP aims to take the position of the bank with the largest network in Europe, both in terms of the number of branches and the ability to serve companies.
Sources
Discussion0
- No comments from this perspective yet. Be the first.