September's M3 money supply up y/y and m/m - central bank

Paweł Supernak/PAP

Poland’s M3 money supply grew in September 2020 by 17.0 percent year on year and by 1.0 percent month on month to PLN 1.76 trillion (EUR 385 billion), the National Bank of Poland (NBP) announced on Thursday.

Household deposits grew by 0.4 percent m/m to PLN 944.4 billion (EUR 206.1 billion).

Corporate deposits rose by 1.9 percent m/m to PLN 373.1 billion (EUR 81.4 billion).

Loans in the household sector edged up by 0.7 percent m/m to PLN 786.3 billion (EUR 171.5 billion) while loans in the corporate sector fell by 0.5 percent m/m to PLN 376.1 billion (EUR 82.1 billion).