BIK Index increases to 16% y/y in September – BIK
The value of the BIK Index amounted to 16.0 percent in September 2019, which means that, calculated on a business day, banks and credit unions sent to BIK inquiries about housing loans for an amount higher by 16.0 percent compared to September 2018, according to the Credit Information Bureau (BIK).
BIK announced that in September 2019, a total of 35,800 applications for housing loans were made, compared to 31,970 a year earlier and this is an increase of 12.0 percent. The average amount of the housing loan application in September 2019 was PLN 278,300.
BIK data shows that in the nine months of 2019 a total of 346,260 people applied for a housing loan. Compared to the same period last year, this is more by 18,800, or 5.7 percent.
(PAP)
