February's M3 money supply up y/y - central bank

Poland’s M3 money supply grew in February 2021 by 16.4 percent year on year and by 0.9 percent month on month to PLN 1.84 trillion (EUR 398 billion), the National Bank of Poland (NBP) announced on Monday.

Household deposits grew by 1.1 percent month on month to PLN 989.7 billion (EUR 214.5 billion).

Corporate deposits rose by 1.1 percent month on month to PLN 374.1 billion (EUR 81.1 billion).

Loans in the household sector decreased by 0.1 percent from January 2021 to PLN 786.9 billion (EUR 170.6 billion) while loans in the corporate sector went down by 0.3 percent month on month to PLN 371.1 billion (EUR 80.4 billion).