Average non-bank loan value up by 7% in February

Loan companies granted 201,700 loans in February for PLN 554 million. The average value of a non-bank loan given in February was PLN 2,681, showing an increase of 7 percent y.y, Credit Information Bureau (BIK) said on Friday. In the first two months of 2019 loan companies granted 435,700 loans for a total amount of PLN 1.158 billion. During the same period, banks and Credit Unions provided 1,078 million cash loans for PLN 13.55 billion.

(PAP)