Just a year ago, bankers were looking at the future with concern. The improvement of the economic situation provides an opportunity for the banks to rebuild their profitability.
Sanctions imposed on Russia so far have cost Russia a loss of annual GDP growth of 1-1.5 percentage points. New sanctions may lead to further losses reaching 0.7-0.8 percentage points.
The Joint Committee of European Supervisory Authorities (ESAs) analyzed the impact of large sets of data on consumers and financial institutions and concluded, that despite the potential risks arising from the use of Big Data,...
Real currencies have its electronic form as entries in bank accounts. Cryptocurrencies should not be identified with real currencies, says Adam Tochmański, the director of the Poland’s central bank, NBP Payment Systems...
It cannot be ruled out that blockchain technology will lead to an even greater revolution than internet. In 2018 it is expected to be one of the six most intensively developed technologies in the world.
SMEs account for only 30 per cent of Polish exports, which is why we see potential for growth here, says Robert Zmiejko, Head of the Foreign Development Division at Bank PKO BP.
MREL is a key instrument enabling the liquidation of banks without threatening the stability of the financial system, are now close to conclusion. The work on regulations is now close to the end.
Even the representatives of the banking sector are openly admitting that the traditional role and model of banks will undergo significant changes in ten or more years.
The European Union's Payment Services Directive (PSD2) tightens the requirements for remote access to accounts and electronic transaction orders. Despite its adoption, the severity of these requirements still has not been...
A total of 24 per cent of Estonian residents do not have any savings, compared to 32 per cent in Latvia and 20 per cent in Lithuania, a survey by Nordea showed.