Demand for loans in Poland 2024-2025

Poland's loan market is changing significantly, with demand varying across different sectors and loan types. In the second quarter of 2025, banks eased their lending policies and recorded an increase in demand in all segments of the credit market. The easing of lending criteria was mainly driven by increased competitive pressure from other banks. The reduction in NBP interest rates was an additional reason for easing lending criteria for households and, at the same time, supported demand for loans.

Housing market dynamics

Despite the projected decrease in housing loan demand for early 2025, the sector has shown remarkable strength in the previous years. In 2024, housing loans in Poland reached over *** billion zloty, marking the highest increase among all private loan types. This growth aligns with the total outstanding debt of Polish households under housing loans, which amounted to *** billion zloty in 2024, representing a *** percent increase from the previous year.

Divergent trends in enterprise lending

Small and medium-sized enterprises are expected to see increased access to short-term financing. In 2024, SMEs received the highest number of loans in investment and operational loans, totaling **** and **** billion zloty respectively. Meanwhile, large corporations experienced a decrease in loans compared to the previous year, with operational loans reaching approximately ** billion zloty.

In Q2 2025, short-term loans for large enterprises are projected to rise to **** billion zloty, while long-term loans are expected to decrease to **** billion zloty. Conversely, short-term loans for SMEs are anticipated to increase significantly to **** billion zloty, alongside long-term loans rising to **** billion zloty. The housing loans are predicted to reach **** billion zloty, reflecting ongoing shifts in demand.