Poland - Household Lending Rate

Poland: Household Lending Rate

Unit % p.a., NSA
Adjustments Not Seasonally Adjusted
Data Dec 2022 10.98
Nov 2022 10.79

Series Information

Source National Bank of Poland
Release Average MFI Interest Rates on New Business
Frequency Monthly
Start Date 1/31/2005
End Date 12/31/2022

Poland: Markets

Reference Last Previous Units Frequency
Lending Rate 21 Mar 2023 6.75 6.75 % p.a., NSA Daily
Stock Market Index 20 Mar 2023 56,451 56,283 Index, NSA Business Daily
Average Long-term Government Bond Feb 2023 6.18 6.02 % p.a., NSA Monthly
Money Market Rate Feb 2023 6.61 6.58 % p.a., NSA Monthly
Business Lending Rate Dec 2022 8.72 8.93 % p.a., NSA Monthly
Household Lending Rate Dec 2022 10.98 10.79 % p.a., NSA Monthly

Release Information

This data covers average MFI (Monetary Financial Institutions) interest rates on new business denominated in PLN (Polish złoty). Figures are in percentage yield per annum (% p.a.), not seasonally adjusted (NSA).

MFI interest rate statistics include interest rates regarding outstanding amount of zloty loans and deposits, zloty denominated new business and euro denominated new business. 

Data on outstanding amounts refer to interest paid and received at the end of the reporting period. 

Interest rates on new businesses refers to aggreements carried out during the reference period and also includes any appendices to existing agreements. New businessess are degined by the source as any use of funds from credit facilities or credit cards, as oppsed to revolving deposits which are renewed automatically. 

The data are subject to revision in case a reporting bank revises the data it previously submitted.

IR%LNCGT4FU3MUM.IPOL - This discontinued series has a substantially higher value in November 2011  due to specific large transactions, that should be considered as outliers. Without these, estimated value of this interest rate is approximately 6.96%.

For more information, please see the source's methodological notes at http://www.nbp.pl/en/statystyka/oproc/mir_new/manual_mir.pdf