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The Warsaw Voice » Business » December 28, 2017
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Bankers' prognosis
December 28, 2017   
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Banks are counting on an increase in NIM in 2018, bankers told the daily Parkiet in a survey. Bank Millennium sees margin expansion on higher sales of consumer loans, deputy CEO Fernando Bicho tells the daily Parkiet.
Rival bank Pekao's deputy CEO Tomasz Kubiak hopes for a similar scenario, while seeing little chance of lowering the financing costs. Banks will be able to improve NIM only moderately, deputy CEO of Citi Handlowy Maciej Kropidlowski contends.
Some banks could also decide to raise interest rates on consumer deposits even before the expected rate hike to secure the clients' money, a fact that would have a negative impact on NIM, BGZ BNP Paribas' CEO Przemyslaw Gdanski observes.
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