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Poles' debt increased by 3.8% in 2013

30th January 2014
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The levels of debt in Poland increased by 3.8 percent in 2013, reaching the sum of PLN 39.82 billion, as shown in a report conducted by the Economic Information Bureau (InfoMonitor).

The growth of debt was slower than in the previous years, the report said. This was largely due to better management of household budgets and to the work of the financial sector, which estimated the credit capabilities of a given customer more accurately.

The average overdue debt of a high-risk customer amounted to PLN 17.16 million after Q4 2013 compared to PLN 17.07 million after Q3, the report also said.

Poland A.M.

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