Housing loans to reach PLN 39 bln in 2017 – ZBP

Polish lenders will issue 175k housing loans worth a total of up to PLN 39 billion this year, banking lobby Związek Banków Polskich (ZBP) said in its report. That figure is comparable with PLN 39.5 billion loaned last year.

“Despite low transaction prices and a record-low PLN interest rates we forecast a further decline of lending in 2017 to the level of 175k loans worth up to PLN 39 billion,” ZBP said.

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