Poland: Consumer Loans Expected to Rise Significantly

Businessn.a. ♦ Published: February 12, 2014; 15:04 ♦ (Vindobona)

Last year consumer loans saw a 16 percent growth which leads to expecations that Poland will register a double-digit growth rate in 2014 as well.

Poland: Consumer Loans Expected to Rise Significantly / Picture: © Vindobona.org

According to Mariusz Cholewa, CEO of bank information office BIK, both consumer loans and mortage loans are expected to see a significant growth. "The growth rate of consumer loans in 2014 should be a double-digit one in terms of their total value," Cholewa told a news conference. "Also the value of granted mortgage loans should be higher this year than in 2013", he…