Tag: knf

Digital gold on a roller coaster

Digital gold on a roller coaster

The dispute over the future of cryptocurrencies has been going on for years. Some people make fortunes from it. However, many lose their savings. The enormous volatility makes it certainly not an investment for the faint of heart. In early December, national media were enthusiastic that MP Sławomir Mentzen had included not only two houses […]

Orlen’s sudden losses. MAP: We are submitting an application to the Polish Financial Supervisory Authority to investigate the matter

Orlen’s sudden losses. MAP: We are submitting an application to the Polish Financial Supervisory Authority to investigate the matter

Orlen lost more than PLN 5 billion in value after the recent announcements of KO and Poland 2050. There is a response from the Ministry of State Resources. Recently, the issue of energy price freezes has returned. The coalition consisting of KO, Trzecia Droga and Left wants Orlen to cover the energy price freeze. The […]

The Confederation intervenes: the Ukrainian oligarch expropriates Polish investors and pensioners

The Confederation intervenes: the Ukrainian oligarch expropriates Polish investors and pensioners

The Confederation raises the alarm about the company of Ukrainian oligarch Kernel. Krzysztof Bosak, among others, announced an intervention. with the Prime Minister and the head of the Polish Financial Supervisory Authority. Kernel is a Ukrainian holding company based in Luxembourg, listed on the Warsaw Stock Exchange and active in the food sector. It is […]

Morawiecki appointed head of the Polish Financial Supervisory Authority

Morawiecki appointed head of the Polish Financial Supervisory Authority

The Prime Minister has appointed Jacek Jastrzębski for a new term as head of the Polish Financial Supervision Authority. Mateusz Morawiecki’s decision was confirmed by government spokesman Piotr Mueller. – Prime Minister Mateusz Morawiecki has appointed the current chairman of the Polish Financial Supervisory Authority, Jacek Jastrzębski, for a new term – the government spokesperson […]

Morawiecki will appoint a new head of Poland’s Financial Supervisory Authority

Morawiecki will appoint a new head of Poland’s Financial Supervisory Authority

A new head of Poland’s Financial Supervisory Authority (KNF) will be appointed on Thursday, according to Prime Minister Mateusz Morawiecki’s statement. – The nomination will take place on the day when the term of office of the Chairman of the Polish Financial Supervisory Authority expires – Morawiecki said at a press conference on Monday. The […]

Who is the head of the Polish Financial Supervisory Authority? Five names on the list of main candidates

Who is the head of the Polish Financial Supervisory Authority? Five names on the list of main candidates

According to media reports, PiS is playing time when it comes to appointing a government so that Mateusz Morawiecki can choose the head of Poland’s Financial Supervisory Authority for the next term. The five-year term of the head of Poland’s Financial Supervisory Authority (KNF), Jacek Jastrzębski, expires on November 23. Formally, the decision to appoint […]

Huge profits from the banking sector. An increase of more than 280%.

Huge profits from the banking sector. An increase of more than 280%.

The net financial result of the banks in the period January-September 2023 amounted to PLN 21.2 billion. This is an increase of 283.5%. per year – reported the Polish Financial Supervisory Authority. “The net financial result at the end of September 2023 amounted to PLN 21.2 billion. This result was PLN 15.7 billion (+283.5% y/y) […]

We know the financial results of banks. Profits for the entire sector increased by 200%.

We know the financial results of banks. Profits for the entire sector increased by 200%.

From January to July, the banks’ net financial result amounted to PLN 14.7 billion, which represents an increase of 199.9%. per year – reported the Polish Financial Supervisory Authority. “The net financial result at the end of July 2023 amounted to PLN 14.7 billion. This result was PLN 9.8 billion (+199.9% y/y) higher than the […]