Consumer loans up; housing loans down in VII - NBP

The value of consumer credits increased by 0.5 percent or PLN 0.91 billion in July month-on-month and reached PLN 160.1 billion, the National Bank of Poland (NBP) announced on Monday. The NBP also informed that the value of mortgages taken by households declined by 0.5 percent in July m/m to PLN 392.7 billion. The value of such credits denominated in PLN grew by 0.3 percent m/m, while the value of mortgages denominated in foreign currencies decreased by 1.6 percent m/m.