NBP: loans, mortgages up in October

The value of consumer credits grew by 0.7 percent or PLN 1.4 billion in October m/m and reached PLN 187.6 billion, Poland’s Central Bank (NBP) announced.

The value of mortgages rose by 0.8 percent m/m to PLN 429.1 billion. The value of such credits denominated in PLN grew by 1 percent m/m, while the value of mortgages denominated in foreign currencies grew by 0.2 percent m/m.

Furthermore, the total stock of corporate loans rose by PLN 2.64 billion to PLN 338 billion, a 6.9 percent y/y and 0.8 m/m growth.

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