Poland: Number of Real Estate Loans Drops

BusinessCurrencies ♦ Published: March 25, 2014; 12:43 ♦ (Vindobona)

The portfolio of real estate loans of Polish households declined in February, according to a report by the National Bank of Poland (NBP).

The number of foreig exchange-denominated real estate loans declined last month. / Picture: © Vindobona.org

The number of real estate loans granted for Polish households by financial institutes has dropped in February from January this year. The volume of PLN-denominated loans increased by 0.9 percent (PLN 1.56bn) to PLN 182.15bn while the volume of foreign exchange-denominated loans decreased by 1.8 percent (PLN 3.12bn) to PLN 166.66bn.