Are your savings safe? Banks inform against the crisis

In the face of expanding economical tensions, more and more Poles wonder whether their savings are safe in banks. The global financial situation, combined with local challenges, specified as inflation or rising interest rates, makes banks' customers start to feel insecure. What is worth knowing to defend your money and how to interpret warnings from financial institutions?

Why do banks inform against the crisis?

Banks in Poland, as in the full world, operate in a dynamically changing economical environment. In early 2025, the National Bank of Poland published a study in which it drew attention to increasing hazard of recession in many European countries. The main reasons for this are:

1. Inflation at 7.8%
   Despite the efforts of the Monetary Policy Council, inflation in Poland remains high. This means that the real value of Polish savings in banks is decreasing.
2. Rising interest rates
   In 2024, the NBP mention rate reached the level 6.75%, which helped to curb inflation, but at the same time increased credit costs. This in turn affected the decline in economical activity and the increase in credit hazard in banks.
3. Geopolitical tensions
   International conflicts and restrictions on energy supply have a negative impact on the stableness of global financial markets.

What does the crisis mean for bank customers?

The increasing economical uncertainty prompts many to look closely at the condition of the institutions in which they store their money. The biggest concerns of customers are:

1. Loss of savings
   High inflation makes the real purchasing power of the funds collected fall. For example, if you saved PLN 10,000 in 2023, present this money is worth approximately 9 220 PLN in real values.
2. Security of deposits
   Polish banks are covered by guarantees from the Bank warrant Fund (BFG), which protects deposits up to the amount EUR 100 000 per individual in a given bank. However, customers with greater savings wonder whether they should distribute funds between different financial institutions.
3. Rising bank charges
   Uncertainty in the financial marketplace prompts banks to rise fees for basic services. In fresh months, many customers have noticed an increase in the cost of keeping an account, withdrawing from ATMs or making transfers.

How to defend your savings?

Banks call on customers to stay calm and to make informed financial decisions. Here are a fewer steps that can aid defend the collected funds:

1. Diversification of savings
   Instead of keeping all the funds in 1 bank, it is worth considering their division into respective institutions. This increases the safety of your savings in the event of financial problems of a peculiar bank.
2. Investments in inflation-resistant assets
   Consider placing part of the funds in assets that better abolish periods of advanced inflation, specified as gold, real property or inflation-indexed government bonds.
3. Awareness of costs
   Regularly check the terms of your agreement with the bank. Many institutions introduce fresh fees or change rates, which may further burden your budget.
4. Bank deposits
   Although the interest rate on investments inactive does not keep up with inflation, it is 1 of the safer forms of saving. Currently, the average interest rate of investments in Poland is around 6% per yearwhich partially mitigates the impact of inflation.

Are Polish banks prepared for the crisis?

Despite the hard economical situation, experts reassure that the Polish banking sector remains stable. Bank solvency ratio in Poland is presently at 18.2%, which means that most institutions have adequate reserves to meet possible difficulties. The Banking warrant Fund provides an additional layer of protection for customers.

The increasing concerns about the stableness of the banking sector and the safety of savings are understandable, especially in the face of economical challenges facing Poland. However, bank customers should make rational decisions and usage available tools specified as diversification of funds or investing in inflation-resistant assets. This can minimise risks and defend your savings from the negative effects of the crisis.