Banks lend EUR 829.3 mln in mortgages in November 2019 - central bank

Polish banks lent PLN 3.52 billion (EUR 829.3 mln) in mortgages in November 2019, down from PLN 4.5 bln (EUR 1.1 bln) in October, the country's central bank (NBP) said on Monday.

The average interest on mortgage loans was 4.4 percent in November, down from 4.5 from October.

In November, banks offered PLN 5.58 bln (EUR 1.31 bln) in consumer loans versus PLN 6.45 bln (EUR 1.52 bln) in October.

The average interest charged on consumer loans rose to 8.0 percent in November from 7.9 percent in October.