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Loans hard to come by

26th January 2009
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Customers are finding it hard to secure loans, however, this might change when the Treasury introduces loan guarantees

Despite the fact that Polish banks have published relatively positive financial results, customers are still finding it hard to secure loans, Polska daily reported. This might change at the end of February or at the beginning of March when Treasury guarantees are introduced.
“This does not mean that getting loans will be easy then,” Marek Zuber, an economist at Dexus Partners told the daily.

A total of zł.15-20 billion would be required for these guarantees, estimates Finance Minister Jacek Rostowski. (RG)


From Warsaw Business Journal


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