Loan growth slows in December

Polish Financial Supervision Authority (KNF) data shows that gross loans in the non-financial sector fell by PLN 2.8 billion (-0.2% m/m) to PLN 1,205.7 billion in December 2024, though they grew 4.1% year-on-year. Meanwhile, non-financial sector deposits rose by PLN 33.3 billion (+1.7% m/m, +7.8% y/y) to PLN 1,960.7 billion.