Safe to bank on Poland

26th November 2011

Polish banks are expected to develop faster than those in western Europe

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Eastern Europe’s banks will soon be developing at a quicker rate than their western counterparts if estimates by McKinsey & Company are to be believed.

Reports in Parkiet suggest that due to Poland’s relatively healthy economic state, it will be one of the main countries in this part of Europe that will witness the growth over the next few years.

At present, only 60 percent of Poles use the services provided by banks making the market the second-least saturated throughout the EU.

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