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Number of loans granted in May up 58% y/y

09:41

Number of loans granted in May up 58% y/y
Source: Pixabay

In May 2023, non-banking loan companies in Poland experienced significant growth, granting a total of 500.1 thousand new loans worth PLN 1.029 billion. This represents a substantial increase of 58.2% in the number of loans granted and a 32.1% rise in loan value compared to the same period last year.

The surge in loan activity is partly…

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