Business News Poland
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Poland’s Latest Exchange Rates: February 21 Update
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Polish Złoty Strengthens, Surpassing Key Currency Levels
The Polish złoty has showcased a remarkable increase in value, with significant gains against major currencies, including the US dollar, the euro, and the British pound. This marks the first time since November 2024 that the dollar has dipped below PLN 4. As of February 13, the session Read more
Bank Nowy Tops Monthly Deposit Rankings with Attractive 7% Interest Rate
In the latest monthly bank deposit ranking, Bank Nowy has emerged as the clear leader with its NOWYdepozyt 1M WYSOKI PERCENT deposit, offering an impressive 7% annual interest rate. This offer helped Bank Nowy secure the top spot for another month, distancing itself Read more
Polish Term Deposits Surge in October, Reaching Record Levels
Poland's term deposit market experienced a notable surge in October, with over PLN 85.83 billion deposited, according to data from the National Bank of Poland (NBP). This marks one of the strongest monthly results over the past year, surpassing September's total of PLN 82.63 billion by more than PLN 3 billion.
A significant portion -56% of October's deposits were placed in accounts with terms longer than one month but not exceeding three months. This reflects a growing preferenc Read more
Top Monthly Bank Deposit Offers: Bank Nowy Leads the Way
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