Poland’s mortgage market saw a substantial decrease in November, granting just PLN 2.7bn in loans. This is the residential market’s lowest recorded performance since 2009, according to the daily Puls Biznesu. In October, Polish lenders’ loan volume hit PLN 3bn, and observers expected the market would see an uptrend.
According the the daily, Poland’s top lender PKO BP regained its position as the leading mortgage leader during the second quarter of 2012, after being dethroned at the beginning of the year by its main competitor, Pekao SA.
