BIK: The value of home loans issued in March fell by 43.1% y/y

In March 2023, banks and credit organizations issued 42.7% fewer home loans in quantitative terms compared to the same period last year, according to the Credit Information Bureau (BIK). In value terms, the decrease was 43.1% from a year ago.

In March 2023, the average value of home loans granted was PLN 341.3 thousand, down -0.7% year-on-year.

Source: ISB News