USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: BIK

Significant Increase in All Types of Loans Issued by Banks and Credit Unions in Poland in April 2024

In April 2024, compared to April 2023, banks and credit unions (SKOKs) issued a higher number and value of all types of loans. Numerically,...

Record Growth in Non-Bank Loans in Poland: April 2024 Sees Unprecedented Surge in Loan Issuance

In April 2024, loan companies issued a total of 1,196 thousand new loans worth PLN 1.775 billion. This represents a 267.2% increase in the...

Shifts in Credit Dynamics for Microenterprises in Poland

In March 2024, compared to March 2023, banks granted fewer loans to microenterprises, with a 4.5% decrease in number and a 3.3% decrease in...

Polish credit market in March 2024: surge in installment and housing loans, credit cards less popular

In March 2024, compared to March 2023, banks and credit unions have issued more of three types of credit products numerically: installment loans increased...

Stronger-Than-Expected Housing Loan Demand in March 2024

The value of inquiries for housing loans increased by 68.7% year-on-year in March 2024, according to the BIK Index of Demand for Housing Loans....

Delinquent Debtors on the Rise: Transport Sector Takes the Wheel in Payment Delays

The number of companies struggling with payment backlogs is increasing, according to the "SME Scanner" survey for Q1, carried out for BIG InfoMonitor. The...

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...
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