Debt of developers and some construction companies down

The number of developers listed in the National Debt Register at the end of March fell by 0.6 percent y/y. At the same time, the number of debtors in BIG InfoMonitor's Debtors Register and BIK's credit information database increased for building contractors. In this case, the growth exceeded 4 percent y/y. Depending on the registry, the analyzed groups owe from nearly PLN 193 million to over PLN 3 billion, and the average debt is PLN 41,000-196,000.