Leading banks in Poland 2020, by total assets

In 2020, most banks in Poland saw the value of assets increase from their 2019 levels. Poland’s leading bank in terms of assets, PKO BP had assets valuing over 346 billion zloty.

Banking sector in Poland

According to Statista estimation, nearly 28 million people in Poland had a bank account in 2019, representing 73 percent of the total population. The activities of several banks dominate the Polish market. In 2020, the best bank in terms of customer service, cost of service, and trust was Millennium bank, followed by mBank. Whereas, in the same year, the leader in the number of bank branches was PKO BP bank, with over 1000 bank branches all over Poland.

Credits & loans in Poland

The credit market in Poland is growing year on year, with the value of loans to households reaching nearly 711 billion zloty in 2019, which almost doubled its value in 2009. Over the past few years, the percentage of loans taken out in foreign currencies has declined, showing a growing awareness among borrowers about the risks of taking mortgages in foreign currency. In 2019, about 28 percent of housing loans were in foreign currency, almost twice as low as in 2013. Housing loans have been the most frequently granted loans in Poland for years, and they have accounted for about 60 percent of the loan market.