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Credit companies grant financing worth PLN 750 mln in October, up 9.9% y/y – BIK

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Credit companies grant financing worth PLN 750 mln in October, up 9.9% y/y – BIK
Source: Pixabay

Credit companies provided PLN 750 million in financing in October, 9.9% more than last year, according to the Credit Information Bureau (BIK). 

In quantitative terms, credit companies granted a total of 295,300 new loans. It represents a 9.2% increase over October 2021. 

The average value of a new non-bank loan granted in October 2022 was PLN 2,278, it is 1.8% lower than the average loan granted in October 2021. 

Source: PAP 

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