USA-China Tensions Transform Global Market

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

Tag: BIK

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...

Demand for housing loans soars to record high in December

The value of inquiries for housing loans increased by 421% in December 2023, according to the BIK Housing Loan Demand Index. The value of...

Debts of Polish Farmers on the Rise amid Inflation and Geopolitical Challenges

At the end of the third quarter of last year, there were almost 4% fewer farmer-entrepreneurs in the National Debt Register than a year...

Polish Non-Banking Loan Market Sees Explosive Growth in 2023

In November 2023, loan companies granted a total of 1,136.0 thousand new loans worth PLN 1.522 billion. Compared to November 2022, the loan companies...

Monetary Policy Council Holds Interest Rates Steady, Reflecting Uncertainty

The post-election dust has settled, and along with it, the situation in the monetary market has stabilized. After a pre-election two-step reduction in interest...
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