The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
Poland's electricity sector has been rebounding over the past couple of years, driven by high energy prices and increased public and private investment, including support from the EU. Additionally, the electrification of various sectors and the ...
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Poland is making rapid progress transforming its energy sector, with its coal-generated energy decreasing in 2023 by 10pp, to 63%. While this corresponds to a 3pp increase in the share of gas as a transition source, wind and solar energy remained the ...
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With PLN 218.1bn of assets and PLN 78.9bn of premiums in 2023, the Polish insurance market is the largest in Central and Eastern Europe (CEE). However, it remains far less saturated than in Western European countries. According to estimates by the ...
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Over 2022-2024, EU members' joint efforts have been focused on saving energy, diversifying sources of energy, reducing the share of Russia in the region's energy imports and increasing production of renewable energy, all objectives envisaged by the ...
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Poland is a major producer and exporter of agricultural products in the EU. The agribusiness industry accounted for 2.7% of the country's GDP in 2023. The export market plays a key role in the development of the Polish agribusiness industry, with the ...
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The automotive sector in Central and Eastern Europe (CEE) remained resilient through 2023 and early 2024, overcoming new global and regional challenges. By mid-2024, it had not only regained pre-pandemic production and sales levels but also entered a ...
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The renewable energy (RE) sector in Emerging Europe* has surged in recent years, bolstered by government policies aimed at diversifying energy sources and reducing the reliance on Russian energy. The European energy crisis, triggered by Russia's ...
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Poland's healthcare and pharmaceutical industry is making significant strides, despite facing substantial challenges. The ongoing war in Ukraine, which followed the COVID-19 pandemic, has placed considerable pressure on the Polish healthcare system. ...
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