NBP: loans and mortgages up in January

The value of consumer credits edged up by 0.7 percent or PLN 1.18 billion in January month-on-month and reached PLN 175.3 billion, Poland's Central Bank (NBP) announced. The value of mortgages increased by 0.2 percent in January m/m to PLN 405.93 billion. The value of such credits denominated in PLN grew by 0.6 percent m/m, while the value of mortgages denominated in foreign currencies decreased by 0.7 percent m/m. Furthermore, the total stock of corporate loans grew by PLN 3.84 billion to PLN 317 billion.