Poland's Custody Market: Pekao's Growth & Innovation

Polands custody market is booming, with banks like Pekao stepping up their services. The market has grown from 161 million to over 2.2 trillion Polish Zloty since 1991, making local banks crucial partners for global institutions. Custodians now offer more than just transaction clearing, acting as long-term partners. However, rising regulations and costs are squeezing profits, leading many banks to leave the business. This highlights the need for reliable partners with a long-term vision. New technologies are streamlining processes and boosting efficiency, with local banks like Pekao, with their strong balance sheets and commitment to the domestic economy, becoming key players.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.