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NBP: broad money rises 1.2% in November

2000-12-15 00:00
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2000-12-15 00:00

NBP: broad money rises 1.2% in November

In November, Poland's broad money rose by PLN 3.39bn (USD 774.5mn), or 1.2% m/m, to PLN 290.83bn (USD 66.76bn), according to the National Bank of Poland (NBP). Net foreign assets rose by USD 1.13mn, or 3.8% m/m, to USD 30.86bn. Deposits continued to grow faster than credit, as a result of high interest rates. Individual deposit growth in Jan-Nov, y/y was 8pps higher than in the same period last year, while credits increased by 9pps slower than in 1999, over the same period.

Źródło:IntelliNews Daily
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