Lending a hand
Entrepreneurs and private consumers were applying for loans in droves during the first quarter of the year, According to a survey conducted by the National Bank of Poland. The great demand for consumer loans and mortgages was caused by the easy access offered by the banks, the better financial situation of households and the position of the residential sector. Banks are cheerfully predicting that this trend will continue through the second quarter.
The growing interest in loans on the part of companies was due to the need for financing investments which were included in the European Union grants program.
In the first quarter of 2005 banks did not introduce any changes to their loan offers, and most don't intend to do so this quarter. However, those which plan changes, want to make loans more accessible, especially for small and medium sized companies. A.B.
The growing interest in loans on the part of companies was due to the need for financing investments which were included in the European Union grants program.
In the first quarter of 2005 banks did not introduce any changes to their loan offers, and most don't intend to do so this quarter. However, those which plan changes, want to make loans more accessible, especially for small and medium sized companies. A.B.
