NBP: loans up, mortgages down in August

The value of consumer credits increased by 0.4 percent or PLN 739 million in August month-on-month and reached PLN 172.1 billion, the Poland's Central Bank (NBP) announced. The value of mortgages decreased by 0.2 percent in August m/m to PLN 403.1 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 decreased by 1.1 percent m/m. Furthermore, the total stock of corporate loans edged up by 1 percent to PLN 311.97 billion.