Prosumerism in Poland?

Helping Out?

Helping Out?

In relations between a financial institution and the client, the latter is often in a weaker position. The trend in improving the consumer’s position is ever more visible on the Polish market with a raft of new regulations being introduced, disclosure requirements for financial institutions, and a concerted education campaign giving consumers new found strength. New reports appear in the media every few months highlighting some unfair lending institution which led an elderly person to ruin, or a bank which lured a young family into taking a loan, which turned out to be unpayable for them. Such situations should be eliminated, say experts. They may not completely disappear, but improved legislation can limit such practices. Poland continues to be at the forefront in CEE in improving the lot of consumers.


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