NBP: loans up, mortgages down in November

The value of consumer credits increased by 0.4 percent or PLN 638 million in November month-on-month and reached PLN 172.8 billion, Poland's Central Bank (NBP) announced. The value of mortgages decreased by 0.3 percent in November m/m to PLN 406.1 billion. The value of such credits denominated in PLN grew by 0.8 percent m/m, while the value of mortgages denominated in foreign currencies decreased by 2.3 percent m/m. Furthermore, the total stock of corporate loans remained unchanged at PLN 316 billion.