Financial results of banks in 2020

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In 2020 the net financial result of the banking sector amounted to 7.5 bn PLN, ie. less 45.3% y/y. The balance sheet total increased by 17.7% y/y and amounted to 2 344.0 bn PLN. The value of loans for the non-financial sector increased by 0.8% y/y to 1 140.0 bn PLN, while the value of deposits of this sector increased by 12.8% y/y to 1 424.3 bn PLN.