Demand for housing loans on the rise in February – BIK

According to data gathered by the credit information bureau BIK, the demand for housing loans in the Polish banking sector increased by 13.4 percent y/y in February. The average value of loan application amounted to PLN 243.29k, up by 8.4 percent y/y. The data excludes loan applications exceeding PLN 1 million in value. Overall, 34.36k people filed mortgage applications last month.