You are here

Poland's mortgage rates on the rise

Banks turn to more profitable consumer credit as demand for home loans falls

[WARSAW] Poland's slowest economic growth in four years is eroding demand for home loans, prompting banks to increase mortgage rates as lenders refocus on more profitable consumer credit. New home loans declined 7 per cent to 36.5 billion zloty (S$15.3 billion) last year, the least since 2005,

sentifi.com

Market voices on:

Powered by GET.comGetCom