Tag: BIK
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 rates - first by 0.75% (in September) and then 0.25%...
Record surge in consumer bankruptcies in Poland. Experts warn: this is just the beginning
10 thousand individuals – that's the number of people declaring bankruptcy in just the first half of 2023 in Poland. Although there's still some months until the end of the year, we can already...
Business arrears to contractors and banks exceeded PLN 42.5 billion
Although the number of companies complaining about unreliable business partners slightly decreased in the third quarter, business arrears have significantly increased, according to data from the Debtor Register of BIG InfoMonitor and BIK. Outdated...
Demand for Housing Loans Increases by 248.8% in September
The demand for housing loans in September 2023 increased by 248.8% - according to the BIK Index for Housing Loan Demand (BIK Index - PKM). The value of the Index means that in September...
1 billion PLN debt of young Poles. 20-year-old record holder has almost 800,000 PLN...
The amount of debt unpaid on time by individuals aged 18 to 24 stands at 1 billion PLN, according to data from the Debtors Register of BIG InfoMonitor and the credit information base of...
Polish Mortgage Market Rebounds
The financial industry is witnessing a clear recovery in the mortgage market. In the second quarter, Poles signed up for PLN 11 billion, but many of them held back on their applications until the...
Mortgage availability improves in Poland, thanks to Safe Loan 2% program and lower interest...
In September, the Mortgage Barometer of Rankomat.pl indicated that the average borrower could borrow 475,000 PLN (~$110,000) from the bank for a property purchase. This is an increase from 426,000 PLN in February, meaning...
Potential development directions of the Krakow warehouse market
North, south, east, or maybe west - which of these directions is the most favourable for the growth of the warehouse market in Kraków? Currently, Kraków is one of the smaller logistics and industrial...
Growth eastwards as an opportunity for the Kraków warehouse market
Kraków is among the smaller warehouse markets in Poland. Nevertheless, its total warehouse stock has increased by almost 260% over the past five years. An attractive location within the country and a large business...