Banks intend to alleviate the terms of the loan of households

In the second quarter of 2025, banks softened credit policy, in the third quarter of 2025 they intend to maintain the criteria for granting loans for enterprises and continue to mitigate households – NBP said on Monday.

On Monday, the National Bank of Poland published information about the situation on the credit market, containing the results of the survey among the chairmen of credit committees in banks.

“In the second quarter of 2025, banks softened credit policy and recorded an increase in demand in all segments of the credit market. The relief of loan criteria was mainly due to the increase in competitive pressure from other banks. Lowering the NBP interest rates was an additional reason for relieving the criteria for granting loans for households and at the same time supported the demand for loans.” NBP on Monday information.

Banks – according to the NBP – alleviated the terms of the loan by reducing the credit margin. This most often concerned housing and consumer loans.

“In the third quarter of 2025, banks intend to maintain the current criteria for granting loans for enterprises and continue to relieve households. They expect an increase in demand for all types of loans, with the exception of short -term for large enterprises,” reads the central bank report.

The Central Bank announced that in Q2, banks softened the criteria for granting housing loans and reduced margins. As a result – as a result of forecasts of the situation on the housing market and reduction of the NBP reference rate – they recorded a large increase in demand. Also in Q3, banks expect an increase in demand for housing loans – but not on such a scale as on a quarter earlier.

The results of the survey show that also in the case of consumer loans granted to households in Q2 this year. The conditions for granting financing were softened, including the reduction of credit margins. They also noted an increase in demand for this type of loan, which justify the improvement of the economic situation of households and the increase in the demand for financing the purchase of permanent use. Banks hope that also in Q3 there will be an increase in demand for consumer loans expected by most banks.

According to the NBP, in the second quarter, banks softened the criteria for granting loans for large enterprises and SMEs (small and medium -sized companies) and the terms of credit policy by increasing the maximum loan amount and reducing the requirements for its collateral. The causes of these changes were the improvement of the quality of the credit portfolio and an increase in competitive pressure from other banks. The survey also shows that banks have noted an increase in demand for all types of loans, especially from the SME, as a result of an increase in the demand for financing mergers and acquisitions, investments and working capital. Banks expect that the demand for credit from companies will also grow in Q3 2025, especially from the SMEs. (PAP)

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