Tag: BIK

The Polish leasing market is one of the largest in the EU. Almost 1/3 of investments are financed through leasing

The leasing industry is one of the engines of the Polish economy. It finances nearly 30% of investment outlays and is the preferred form...

The value of inquiries about home loans increased by 58.5% y/y in February 2024

The value of the BIK Housing Loan Demand Index increased by 58.5% in February this year. This implies that banks and credit unions sent...

Report on Micro-Entreprise Loans in Poland in January 2024

January 2024 ended positively in terms of the number and value of bank loans granted to small businesses. Compared to the same period in...

Polish Bookstores Disappearing as Debts Rise

Every three days, a bookstore closes in Poland. These are most often small, local, owner-operated establishments. This implies that the country's bookselling market shrinks...

Loan Boom in January 2024: Housing Market Leads the Surge

In January 2024, banks and credit unions granted more of all types of credit products than in January 2023: there was a numerical increase...

Transport and Warehouse Industry Faces Doubling Insolvencies Amid Border Challenges and Rising Costs

Adverse economic conditions are hitting the transport and warehouse industry. In 2023, insolvency affected 546 companies, a 100% increase from the previous year....

Non-Bank Loans in Poland Surge in January 2024: Record Growth in Volume and Value

In January 2024, loan companies cooperating with the Credit Information Bureau (BIK) granted a total of 1.115 million new non-bank loans worth GBP 1.567...

Micro-entrepreneurs Boost Borrowing Despite Investment Lag

Micro-entrepreneurs in 2023 were more likely to use bank loans. According to the Credit Information Bureau (BIK) data, the sale of loans to this...

BIK predicts further credit action growth in 2024 after double-digit increases in 2023

In Poland, the volume of loans and credits taken out by borrowers is increasing steadily. By the end of 2023, the total amount of...

Debts of transport companies exceeded PLN 2 billion. One in four companies has liquidity problems

The overdue debt of entrepreneurs engaged in road transport of goods has just exceeded PLN 2 billion. It has increased by almost 11 percent...

Debts of seniors are increasing at a faster rate than in other age groups

Seniors' debt increased by nearly one billion zlotys to 11.6 billion zlotys in the last year, making it the fastest-growing debt group after 18-25...

The Furniture Industry in Poland – From Boom to Crisis

The Polish furniture industry, rich in history and tradition is currently facing significant challenges due to dynamic economic, technological, and geopolitical changes. Previously the...

Uncertainty Over Housing Market in 2024: New Program Could Drive or Suppress Prices

"If the new housing program announced by the government is rationally calibrated, there is a chance that in 2024 the increase in apartment prices...

Polish people look to 2024 with optimism, but financial concerns loom large

Poles anticipate improvements in the country's situation and in their private lives, but primarily in finances. Six out of 10 Poles believe that the approaching...
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