In times of crisis banks make a luck - besides on ABONAMENT.
People carry their money to the bank, the bank spins these coins, generating billions of profits for itself, and besides, it's charging us to usage a bank account or a card,
That's for turning our money and generating billions of profits...
In 2024 the banks earned PLN 42 billion.
The profit increased by more than 50%.
Added: February 10
The net profit of the banking sector during the period January-December 2024 amounted to PLN 42 billion and increased by 51.9 percent annually – the National Bank of Poland (NBP) stated.
Interest income in 2024 amounted to PLN 172.43 billion, which means an increase of 4.3% year-on-year,
The gross from fees and commissions in this period increased by 3.2% year-on-year to PLN 26.22 billion, while the costs from fees and commissions decreased by 0.5% per year and amounted to PLN 6.71 billion – according to the NBP communication.
NBP data
Administrative costs were PLN 50.76 billion, 11 percent higher than the erstwhile year.
The write-downs (loss of value or reversal of impairment on financial assets not valued at fair value with the effect of valuation to the profit and failure account) amounted to PLN 6.29 billion, which means a decrease of 11.6% year-on-year – the central bank stated.
Banking sector
At the end of December 2024, 517 banks operated in the banking sector (28 commercial banks excluding Bank Gospodarstwa Krajowego and 489 cooperative banks).
Throughout 2023, the profit of the banking sector amounted to PLN 25.9 billion.
Added: February 10
The net profit of the banking sector during the period January-December 2024 amounted to PLN 42 billion and increased by 51.9 percent annually – the National Bank of Poland (NBP) stated.
Interest income in 2024 amounted to PLN 172.43 billion, which means an increase of 4.3% year-on-year,
and interest costs – PLN 66.33 billion (decreased by 6.3% per year).
The gross from fees and commissions in this period increased by 3.2% year-on-year to PLN 26.22 billion, while the costs from fees and commissions decreased by 0.5% per year and amounted to PLN 6.71 billion – according to the NBP communication.
NBP data
Administrative costs were PLN 50.76 billion, 11 percent higher than the erstwhile year.
The write-downs (loss of value or reversal of impairment on financial assets not valued at fair value with the effect of valuation to the profit and failure account) amounted to PLN 6.29 billion, which means a decrease of 11.6% year-on-year – the central bank stated.
Banking sector
At the end of December 2024, 517 banks operated in the banking sector (28 commercial banks excluding Bank Gospodarstwa Krajowego and 489 cooperative banks).
Throughout 2023, the profit of the banking sector amounted to PLN 25.9 billion.
basins.pl/economics/688465/profit-net-sector-banking-in-2024-year-highlands-42-mld-zl.html
