NBP: Consumer and housing loans up, while corporate loans declined in May

The value of consumer credits increased by 1.1 percent or PLN 1.84 billion in May month-on-month and reached PLN 169.2 billion, the Poland's Central Bank (NBP) announced. The value of mortgages declined by 0.3 percent in May m/m to PLN 400.2 billion. The value of such credits denominated in PLN grew by 0.9 percent m/m, while the value of mortgages denominated in foreign currencies declined by 2.2 percent m/m. Furthermore, total stock of corporate loans declined by 0.6 percent to PLN 305.8 billion.