BIK: Banks record higher demand for housing loans

The number of consumer loans granted by banks and credit unions stood at 1.62 mln in Q1, a decrease of 6.5 percent y/y, while their value amounted to PLN 18.9 billion, a decline of three percent y/y, the Credit Information Bureau (BIK) informed. BIK has also informed that the value of mortgages granted by banks and credit unions increased by 5.7 percent in Q1 y/y. The number of such loans grew by 4.5 percent y/y to 47,100.