Poland: Number of Consumer Loans Increases

Businessn.a. ♦ Published: April 11, 2014; 10:40 ♦ (Vindobona)

According to Polish credit bureau BIK, the number of granted consumer loans has reached a new record.

The number of granted loans has reached a record high in the first quarter of 2014. / Picture: © Vindobona.org

In the first quarter of 2014, the Polish finance industry took 7.82m credit reports from BIK, up by 20.9 percent year-on-year, as reported by the Polish credit bureau. The total volume of credit reports came at 2.85m in March, up from 2.31m in the same period last year.

The volume of credit reports includes 3.33m monitoring reports, up by 40.5 percent year-on-year and 4.48m…