17:28 17 December 2024
NBP: housing loan dynamics expected to stabilize
In its financial stability report, NBP predicts stabilization in the annual growth of housing loans at current levels in the coming quarters. Factors supporting growth include rising real wages, increasing housing prices, and potential demand recovery linked to the “#naStart” subsidy program. However, a high base effect and stricter bank lending policies may limit this growth.
NBP forecasts moderate increases in consumer credit demand, driven by rising individual consumption and wages, although growth will slow compared to early 2024. Investment credit dynamics are expected to rise, supported by EU-funded projects like energy transformation initiatives under the National Recovery Plan. Long-term credit demand should grow, provided companies don’t rely solely on substantial bank deposits for financing investments.
