NBP: Consumer loans up 0.8%; housing loans down 0.2%

The value of consumer credits increased by 0.8 percent or PLN 1.29 billion in August month-on-month and reached PLN 161.4 billion, the National Bank of Poland (NBP) announced on Thursday. The NBP also informed that the value of mortgages taken by households declined by 0.2 percent in August m/m to PLN 397 billion. The value of such credits denominated in PLN grew by 0.8 percent m/m, while the value of mortgages denominated in foreign currencies decreased by 1.7 percent m/m.