Poland: 52% of bankers anticipate growth in home loans within six months

30 July 2024

The percentage of bankers expecting an increase in home loans to individuals over the next six months has risen to 52% in July, up from 50% in the previous month, according to the latest ‘Banking Monitor’ report published by research firm Mind&Roses. However, expectations for growth in corporate investment lending over the same period have decreased to 56%, down from 61%.

Consumer lending to individuals is also anticipated to rise over the next six months, though only 48% of those surveyed in July hold this view, compared to 57% a month earlier.

The overall month-on-month (m/m) rating of customer activity in the household credit market decreased by 5 points, standing at 23 points in July. The balance of ratings for customer activity in the consumer credit market decreased by 8 points m/m and fell by 15 points year-on-year (y/y). However, the balance of assessments for the home loan market increased by 3 points m/m, though it remains 23 points lower y/y. The three-month forecast index for the household credit market increased by 4 points m/m, reaching 52 points, the report states.

Regarding business working capital loans, 62% of bankers now expect increases, compared to 58% in the previous month. Expectations for growth in investment loans have fallen, with 56% of bankers anticipating an increase, down from 61% a month earlier.

The overall indicator for the assessment of entrepreneurial activity in the business lending market increased by 2 points m/m, reaching 12 points. For business activity in the investment loan market, the ratings index increased by 2 points m/m and is 37 points higher y/y. The ratings index for the working capital loan market fell by 3 points m/m but remains 10 points higher y/y. The forecast index for the business loan market increased by 7 points m/m, now standing 30 points higher, the report adds.

Source: Mind&Roses and ISBnews

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