More than 900,000 Poles have CHF denominated loans

The Credit Information Bureau (BIK) informed that at the end of March, there were 907,600 debtors in Poland holding 534,900 CHF denominated mortgage loans. Only 3.4 percent of them struggled with paying monthly installments on time. The "franc-debtors" account for 26 percent of all mortgage loan holders in Poland, BIK also said. Additionally, 66 percent of them are Generation X-ers born between 1967 and 1981 and nearly a fifth (18 percent) live in the Warsaw agglomeration. According to data, the total stock of CHF denominated loans is valued at PLN 136.8 billion.