Free Trial

KPO Disbursements to Peak in 2024-2025

POLAND
  • The finance minister Rzeczkowska said Poland may receive up to PLN 12bln in loans and subsidies this year as part of the post-pandemic KPO package, as well as a further PLN 30bln next year, according to PAP. The recovery funds will peak in 2024-2025, at which point Poland receive “PLN 40-50bln annually”, according to the finance minister.
  • DGP Daily write that Poland's planned credit vacations for mortgage borrowers might be particularly troublesome for mortgage lenders, which have large credit portfolios but generate low incomes, according to the market regulator KNF. They estimate that banks may face over PLN 20 bln in forgone revenues due to the new scheme.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.