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"The Polish banking sector is today one of the smallest in the European Union when compared to the size of the country's GDP," said Agnieszka Wachnicka, vice-president of the Polish Bank Association.

Although Poland is currently the sixth-largest economy in the European Union, its banking sector ranks only 24th or 25th in terms of size.

"It looks slightly better when measured by assets, but worse in terms of capital.

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