Locked content Consumer loans up by 0.9% in May

The value of consumer credits increased by 0.9 percent or PLN 1.45 billion in May month-on-month and reached PLN 157.9 billion, the National Bank of Poland (NBP) announced on Tuesday. The NBP also informed that the value of mortgages taken by households declined by 0.4 percent in May m/m to PLN 390....

Locked content BIK: Banks record lower demand for housing loans

Demand for housing loans granted by banks and credit unions fell by 4.5 percent in May  y/y, while demand for consumer loans declined by 2.2 percent in the same month y/y, the Credit Information Bureau (BIK) informed. May was the first month this year when demand for mortgage loans declined. In the ...

Locked content Consumer and housing loans up in IV – NBP

The value of consumer credits increased by one percent or PLN 1.55 billion in April month-on-month and reached PLN 156.4 billion, the National Bank of Poland (NBP) announced on Wednesday. The NBP also informed that the value of mortgages taken by households edged up by 1.5 percent in April m/m to PL...

Locked content Banks record higher demand for mortgages, lower for consumer loans

Demand for housing loans in the Polish banking sector increased by 5.5 percent y/y in March, while demand for consumer loans was down by 6.3 percent y/y, Poland’s credit information bureau (BIK) estimated. In Q1 2016, demand for mortgage loans grew by 6.4 percent year-on-year, BIK data showed....

Locked content Banks record higher demand for mortgages

Demand for mortgage loans in the Polish banking sector increased by 4.9 percent y/y in February, while demand for consumer loans was down by 3.8 percent y/y, Poland’s credit information bureau (BIK) estimated. The BIK index reflects a y/y change in the value of loan applications underpinning c...

Locked content Consumer loans up by 0.1%

The value of consumer credits increased by 0.1 percent or PLN 173 million in January month-on-month and reached PLN 153.4 billion, the National Bank of Poland (NBP) announced on Wednesday. The NBP also informed that the value of mortgages taken by households grew by 0.9 percent in January m/m to PLN...

Locked content Bank Pekao wants to sell PLN 1 billion worth of loans each month

Bank Pekao wants to give out PLN 1 billion  in consumer loans each month in 2016, CEO Luigi Lovaglio announced on Tuesday. He admitted that this decision is somewhat surprising given the projected slowdown in growth of this sector, but the bank expects that it will overcome this. Pekao estimates tha...

Locked content Consumer loans up by 0.5% in XII

The value of consumer credits increased by 0.5 percent or PLN 750 million in December month-on-month and reached PLN 153.26 billion, the National Bank of Poland (NBP) announced on Wednesday. The NBP also informed that the value of mortgages taken by households grew by 0.2 percent in December m/m to ...

Locked content Number of consumer loans down in October

The number of consumer loans granted by banks and credit unions stood at 595,800 in October, a decrease of 9.9 percent y/y, while their value amounted to PLN 6.8 billion, a decline of 5.5 percent y/y, the Credit Information Bureau (BIK) informed.  The average value of a single credit stood at PLN 11...