Meeting of the President of NBP with the Vice-President of the European Commission
On 23 November 2018 the President of Narodowy Bank Polski Adam Glapiński met with the Vice-President of the European Commission Valdis Dombrovskis. During the meeting they discussed the economic situation in Poland and the situation in the Polish financial market, including in particular the banking sector. Poland was singled out as an example of economic success and a country with stable and balanced development. The challenges facing Poland were also discussed, which included the following: the labour market situation, the need to take action to increase the level of innovativeness, and also the issue of private investment. On the subject of the banking sector, the discussion highlighted its stable foundations – the relatively high profitability of banks and low level of NPLs, as well as the traditional and conservative supervisory approach. The discussion also touched on the situation in the euro area and the prospects for Poland joining the Economic and Monetary Union.