NBP: in ‘25 banks expect increase in loans, except for housing
According to a NBP survey, Polish banks anticipate rising demand for all loan types in Q1 2025, except for mortgages, where demand is expected to decline. Banks plan to ease criteria for consumer and SME short-term loans, tighten large enterprise short-term loans, and keep other loan policies stable.
In Q4 2024, banks relaxed credit conditions for consumer and SME loans due to competitive pressure, while maintaining stable mortgage and corporate lending terms. Loan demand increased across households and businesses.
For business loans, banks foresee higher demand, especially for working capital, M&A, and investments, but tighter credit policies for large enterprises. Consumer loans will see further easing of conditions, while mortgage loan criteria remain unchanged, with lower demand expected.
