credit issues

In January 2023 the volume of loans secured by mortgage had dropped 63%,

copared to January 2023. On the other hand. purchases by installments

grew 67.6%, for the same period.

Banks are also more hesitant in providing loans, due to the lack of clarity,

as to the legal validity, of loans linked to the Swiss Frank and loans connected to

the WIBOR ( Warsaw inter banking rate ). For instance, Millenium bank have decided

to provide loans, with only fixed rates of interest in order to avoid any legal uncertainty.