In the 4th quarter of 2024 the current financial confidence indicator (IRGFIN) increased for the second time in a row, by 10.3 pts to 38.1 pts, reaching a record high level (since the launch of the indicator in the 2nd quarter of 2022). On the other hand, the leading financial confidence indicator (irgfin), representing the outlook for the 1st quarter of 2025, amounted to 3.1 pts, highlighting mild optimism for the financial sector in the near future.
The rise in the sector’s operating result and generated profit contributed the most to the growth in IRGFIN. However, the surveyed financial institutions negatively evaluated general conditions for banking activity and, to a lesser extent, market risk
Researchers:
Barbara Cieślik, bciesl1@sgh.waw.pl
Marek Radzikowski, mradzik@sgh.waw.pl
Maciej Piotrowski, mpiotro2@sgh.waw.pl