Locked content NBP expects banks to tighten loan criteria

Central bank NBP expects that Polish lenders will tighten their lending criteria for both corporate loans and mortgages in Q1. Such are the results of the quarterly poll among the lenders credit committee managers. The banks expect a significant drop in demand for housing loans and unchanged for cor...

Locked content Sales of loans through Open Finance up by 29% y/y in 2018

The sale of loans through Open Finance amounted to PLN 10,752 million in 2018 and was 29 percent higher annually, the company said, citing estimated data. In the fourth quarter alone, sales increased to PLN 2,635 million compared to PLN 2,042 million a year earlier. Sales of mortgages for the whole ...

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.

NBP: loans and mortgages up in August

The value of consumer credits grew by 0.8 percent or PLN 1.56 billion in August month-on-month and reached PLN 185.7 billion, Poland’s Central Bank (NBP) announced.

NBP: loans and mortgages up in June

The value of consumer credits grew by 0.7 percent or PLN 1.3 billion in June month-on-month and reached PLN 182.6 billion, Poland’s Central Bank (NBP) announced.

Locked content UOKiK wants banks to offer fixed-rate mortgages

The antitrust watchdog UOKiK said that it expects banks to introduce fixed-rate mortgage loans, which according to the office “offer better protection for the consumer during the long-term loan agreement and ensuring the stability of the financial sector in Poland.” “We are concerned about two thing...

NBP: loans and mortgages up in March

The value of consumer credits edged up by 0.8 percent or PLN 1.34 billion in March month-on-month and reached PLN 177.5 billion, Poland’s Central Bank (NBP) announced.