Research conducted by the National Bank of Poland, presented in a report on the situation of the banking sector, show that in the last quarter of last year the conditions for real estate existential loans did not change. However, conditions for entrepreneur loans are now less stringent. It is also easier to get a consumption loan, as profit margins are now lower.
– Many banks cut their profit margins, but it should be kept in mind that this resulted from the decision to cut interest rates, particularly lombard rates, which the Monetary Policy Council took in October. Interest rates depend on the lombard rate – says Piotr Kasprzak form the Financial Stability Department of NBP.
However, companies are not particularly billing to take out loans. As the NBP report shows, loans are widely available to companies, yet they do not want to take advantage of this offer. Why are they not forming queues for loans? – The truth is that most small companies are focused on survival rather than growth. Such an approach means that they are resistant to crisis situations, but at the same time unable to benefit from an economic upturn – comments Łukasz Kozłowski, expert of Employers of Poland for Polskie Radio 24.