Demand for housing loans up by 20.4% in June - BIK

According to data gathered by the credit information bureau BIK, the demand for housing loans in the Polish banking sector increased by 20.4 percent y/y in June. “In the first half of this year, the average value of the housing loan demand index stood at 14.5%, so it can be said that we are seeing a higher interest in housing loans in the medium term. The average amount of loan requested in June amounted to PLN 232.5k and was higher by 10,1 percent y/y,” BIK said in its report. The data excludes loan applications exceeding PLN 1 million in value.