KNF: Loans and deposits up in 2014

The aggregated value of loans granted by the Polish banking sector in 2014, including Polish branches of foreign lenders, grew by 6.9 percent year-on-year to PLN 895.16 billion, according to data from the Polish Financial Supervision Authority. Loans to corporate customers grew by 8.3 percent y/y to PLN 300.99 billion. Loans to households grew by 6.1 percent y/y to PLN 588.53 billion. The aggregated value of deposits rose by 10.2 percent y/y to PLN 854.11 billion. This included PLN 229.42 billion in corporate deposits (up by 9.4 percent y/y) and PLN 606.40 billion in households’ deposits (up by 10.6 percent y/y).