Obserwator Finansowy features views and analysis of economy in Poland and other countries, written by some of the best journalists, economists and commentators. Our mission is to foster deeper knowledge of economics and financial markets in the world. Obserwator Finansowy is a project under aegis of the Poland’s central bank, Narodowy Bank Polski. We have published thousands of articles about the Polish and global economy. Our journalists have conducted hundreds of interviews with Nobel laureates, distinguished economists, business leaders and politicians with views across the political spectrum. In this section you can find selected articles in English.
In the Southeast Europe (SEE) banking has changed significantly. Before 2008 crisis the largest growth of assets was in housing loans, today the growth is noticeable, first of all, in the non-purpose cash loans.
In the middle of October 2019, Velvon Bank, the sister company of the Czech online bank Air Bank, announced that it had been granted a German banking license. Velvon chose Munich as the seat for its German operations.
The process of reforming systemically important banks hasn't been completed yet. The independence and credibility of the regulatory and supervisory bodies will be of crucial importance in the effort to reduce the systemic...
Sberbank, Russian largest bank, made a pilot blockchain transaction. Under the leadership of the former economy minister Herman Gref, Sberbank has been focusing on blockchain technology for nearly two years.
Digitalization remains a challenge for traditional banks and few of them are able to achieve success that translates into financial profits. Meanwhile, an entire class of digitally-native entities has entered the market.
In mid-September, the Supreme Court of Croatia ruled that "the banks violated the collective interests and rights of the loan holders of CHF-denominated loans." Banks had violated clients' rights "by using unfair and harmful...
Only 5 years after the a highly popular cloud-based instant messaging service, Telegram was founded by Russians — Durov brothers — the company announced its entrance into the cryptocurrency domain.
Central banks may use conventional or unconventional forms of monetary policy. Whichever is chosen by the European Central Bank (ECB) it influences all Central and Southeast European (CSE) countries.
The activity of the financial technology companies has become a permanent feature of the global financial system, and an average of 64 per cent of consumers have used their services this year.
Over the past five years, Ukraine has undergone a genuine revolution in the electronic payments market – the number of such payments has increased several-fold. At the same time, there has been an increase in the number of...