NBP: Consumer loans up, while housing loans declined in April

The value of consumer credits increased by 0.9 percent or PLN 1.49 billion in April month-on-month and reached PLN 167.35 billion, the Poland's Central Bank (NBP) announced. The value of mortgages declined by 0.1 percent in April m/m to PLN 401.2 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 1.7 percent m/m. Furthermore, total stock of corporate loans increased by 2 percent or PLN 6.14 billion to PLN 307.54 billion.