KNF: loans up by 7.6%, deposits by 9.8% y/y I-V

The Polish Financial Supervision Authority (KNF) published data regarding banks' loans and deposits from January to May 2015 on a year on year basis. The total value of loans in the banking sector in Poland along with foreign units increased by 7.6 percent y/y reaching PLN 931.42 bln. The value of loans for enterprises increased by 6.2 percent y/y to PLN 310.67 bln, while the worth of loans for households increased by 8.4 percent y/y to PLN 615.13 bln. Households' mortgage loans were valued PLN 375.16 bln in the end of May, surging by 9.9 percent y/y. Simultaneously, loans in CHF increased in worth by 9.5 percent y/y to PLN 145.36 bln. Consumption loans' value amounted to PLN 134.27 bln, increasing by 5.1 percent y/y. Deposits in aggregate in the end of May were worth PLN 859.34 bln, which represents an increase by 9.8 percent y/y.  The value of enterprises' loans increased by 9.6 percent y/y to PLN 217.66 bln, and that of households surged by 10.1 percent y/y to PLN 622.64 bln.