9th March 2010
Friday, July 30th, 2010
Stronger złoty means lower interest rates
Borrowers have reason to cheer, as interest rates have never been lower. Several months ago when the euro cost nearly zł.5, lenders were receiving hundreds of złoty per month more in interest than they are now, says Marcin Krason an analyst for Open Finance.
The tried and true rule of investing, "buy when everyone is selling, and sell when everyone wants to buy," appears to apply for borrowing and lending as well. Analysts are forecasting a continuing price drop for euro and Swiss franc loans for this year. Investors who borrowed in these currencies will remain happy, at least for now.
Source: Dziennik Gazeta Prawna
From Warsaw Business Journal
Also check out:
Bank Millennium sees Q2 net profit leap nearly 800 percent
The złoty gains in strength
Poland's foreign exchange market sees pre-crisis trading volumes
Will Hungarian troubles affect Polish economy?
Złoty growth stalled?
Bank Millennium sees Q2 net profit leap nearly 800 percent
The złoty gains in strength
Poland's foreign exchange market sees pre-crisis trading volumes
Will Hungarian troubles affect Polish economy?
Złoty growth stalled?
Advertisement
Corporate Finance/M&A Corner
How a private equity investor chooses acquisition targets
BY Les Nemethy
How a private equity investor chooses acquisition targets
BY Les Nemethy
My last article discussed how strategic investors typically choose acquisition targets; this article does the same for private equity investors.
Private ... READ MORE
The idea of having organizations which, in a series of summits, allow informal meetings between heads of state or governments ... READ MORE
back
Go to topOur partners
