Bank Monitor Poland: 46% of bankers anticipate growth in housing loans within six months

The latest “Bank Monitor” report from research firm Mind & Roses reveals that 46% of bankers now expect an increase in housing loans for individual customers within the next six months, up from 40% in October. However, expectations for growth in investment loans for enterprises have slightly declined, dropping to 41% from 42%.

Consumer loans for individuals are also projected to rise, with 52% of respondents anticipating growth over the next six months, compared to 50% the previous month.

“The overall index assessing customer activity in the household credit market dropped by 8 points in November to 9 points. The balance of customer activity assessments for consumer credit declined by 6 points month-on-month and by 4 points year-on-year. Similarly, the balance of assessments for the housing loan market fell by 14 points m/m and 30 points y/y. Despite this, the three-month forecast index for the household loan market rose by 1 point to 40 points,” the report stated.

For business loans, the outlook is mixed. While 59% of bankers predict growth in business capital loans, up significantly from 45% a month earlier, expectations for investment loan growth dipped slightly to 41% from 42%.

The activity indicator for business loans climbed by 4 points to 2 points in November. Entrepreneurial activity in the investment loan market saw a 3-point m/m rise and a significant 19-point y/y increase. Conversely, the index for turnover credit market activity fell by 3 points m/m and 3 points y/y. The forecast index for the business credit market grew by 3 points month-on-month, reaching 22 points.

These insights reflect a cautiously optimistic sentiment in the credit market, with growth in some areas tempered by declines in others.

Source: Mind & Roses and ISBnews