BNP Paribas Poland chief warns banks against murderous loan price war
Przemyslaw Gdanski says Polish lenders must avoid aggressive price competition as interest rates fall. The bank will focus on complex deals and efficiency.
Insights:
Przemyslaw Gdanski, the CEO of BNP Paribas Bank Polska, has warned that lenders in Poland 
PL should avoid a "murderous" loan price war as competition for credit increases. Speaking on February 11, 2026, Gdanski cautioned that the current drive for market share risks making lending unprofitable and could negatively affect banks' profitability and lending behaviour across the sector.
PL should avoid a "murderous" loan price war as competition for credit increases. Speaking on February 11, 2026, Gdanski cautioned that the current drive for market share risks making lending unprofitable and could negatively affect banks' profitability and lending behaviour across the sector.The warning comes as competition for loans heats up following six central bank rate cuts last year that lowered borrowing costs to 4.00%. This reduction in rates, combined with structural excess liquidity currently present in banks, has intensified the race for new business. Gdanski emphasized that these factors are creating a challenging environment where aggressive pricing strategies could undermine the financial health of the industry.
