Little interest in the loan

The low interest in loans shown by entrepreneurs surprised the banks.

Banks forecasted an increase in interest in loans, but to their surprise, small and medium-sized enterprises showed much less willingness to take out loans.

Experts say this is due to several factors. First, because of the great uncertainty about the future. Secondly, the decrease in the demand for additional financing resulting from the public aid received under anti-crisis shields. Third, because you are convinced that your loan application will be rejected anyway. However, bank representatives assure that despite the change in terms of granting loans, their prices are still not high.

The next forecasts are much more cautious. According to them, a possible increase in interest in loans may be slight.

Source: https://www.pb.pl/coraz-mniej-firm-decyduje-sie-na-kredyty-1109288