Poland: Banks Continue to Tighten Lending Policy

Politics ♦ Published: February 4, 2013; 16:27 ♦ (Vindobona)

NBP Report: In the fourth quarter of 2012, the banks continued to reduce the availability of loans to households and small and medium-sized enterprises. The banks expected demand for housing loans to decline sharply in the first quarter of 2013.

Poland: Banks Continue to Tighten Lending Policy / Picture: © Vindobona.org

The quarterly “Senior Loan Officer Opinion Survey on Bank Lending Practices and Credit Conditions”, released by the National Bank of Poland on 4 February, discusses developments in banks’ lending policy and loan demand in the fourth quarter of 2012 and their expectations for the first quarter of 2013. The survey was conducted among 29 banks, with a total share of 81% in the loan…