The planned increase in the amount of social support provided by the Polish government’s flagship Family 500 Plus social program will provide a boost to the consumer credit industry. The monthly payment will rise from PLN500 per child per month to PLN800 from January 2024.
Further obligations for loan companies related to increasing the share capital, placing loan companies under supervision and related costs are likely to cause a reduction in the number of alternative financial service providers operating in Poland. According to the Anti-usury Act of 6 October 2022, alternative financial service providers will be under the supervision of the Polish Financial Supervision Authority (KNF) from 1 January 2024.
BNPL is expected to be one of the fastest growing areas of consumer credit over the forecast period. The share of BNPL payments in Polish e-commerce was estimated at some 10% in 2022, with much room for expansion.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Consumer Credit industry in Poland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Consumer Credit industry in Poland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Consumer Credit
Non-mortgage consumer debt extended to individuals for personal or household use including installment loans and credit cards. Examples of consumer credit include auto lending, card lending, durables lending, education lending, home lending and other personal loans. Consumer credit includes both revolving and non-revolving credit.
See All of Our DefinitionsThis report originates from Passport, our Consumer Credit research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!