Consumer loans up by 0.3% in April

The value of consumer credits increased by 0.3 percent or PLN 454 million in April month-on-month and reached PLN 145.5 billion, the National Bank of Poland (NBP) announced on Friday. The value of such credits denominated in PLN increased by 0.5 percent m/m, while the value of consumer credits denominated in foreign currencies decreased by 2.8 percent m/m. The NBP has also informed that the value of mortgage loans taken by households decreased by 0.6 percent percent in April m/m to PLN 375 billion. The value of such credits denominated in PLN grew by 0.9 percent m/m, while the value of mortgage loans denominated in foreign currencies declined by 2.3 percent m/m.