Mortgages in Poland 2007 (Market Guide)

Table of Contents

• Overview
  • Catalyst
  • Summary
• Executive Summary
  • Market size
  • Market forecasts
  • Key issues
  • Key market players
• Table of Contents
• Table of figures
• Table of tables
• Market Context
  • Country overview
    • Demographic and economic data of selected European countries
      • Demographic data
      • Economic data
    • Housing market
      • Dwelling stock
      • Age of dwelling
      • Percentage of dwellings in occupation
      • House prices
  • Government housing intervention
    • Housing subsidies
      • Local governments are responsible for housing allowances
    • Mortgage interest repayments are deductible from income tax
    • Interest rate caps for mortgages were introduced in 2002
    • The government is encouraging the automation of land and mortgage registrations
    • Market data
      • Mortgage interest rates
    • Market size
      • Balances outstanding
      • Net mortgage lending
      • Gross advances
      • Product lines
  • Market structure
    • Categories of banks
    • Commercial banks
    • Co-operative banks
    • Mortgage banks
    • Mortgage market structure
      • Market share by player type
      • Funding
      • Distribution
  • Regulatory environment
    • Industry regulators
      • The NBP
      • The CBS
      • The GINB
    • Industry associations
      • The Polish Bank Association
      • The Mortgage Credit Foundation
    • Credit bureaus
    • Regulatory issues and developments in the mortgage market
      • The birth of an integrated European mortgage market is still very far off
      • Basel II will mean a number of changes for lenders
      • Recent national mortgage-related legislation
  • Key issues in the mortgage market
• Competitor and Product Overview
  • Top five mortgage lenders
    • Market share by balances outstanding
  • Product analysis
    • Typical product characteristics
• Market Forecasts
  • Forecasting gross advances
    • Datamonitor forecasts a rapid rise in the Polish mortgage market
  • Future prospects
    • Market attractiveness
    • Market inhibitors
• APPENDIX
  • Supplementary data
    • Data tables relating to Chapter 2: Market Context
  • Definitions
    • AAGR
    • Balances outstanding
    • CAGR
    • Fixed rate mortgage
    • Gross advances
    • Loan-to-value (LTV)
    • Mortgage intermediary
    • Remortgaging
    • Variable mortgage
  • Forecasting methodology
  • Research methodology
  • Further reading
    • European mortgages
  • Ask the analyst
  • Datamonitor consulting
  • Disclaimer
  • List of Tables
    • Table 1: Forecast of mortgage gross advances in Poland, 2006-11f, (€m)
    • Table 2: Total population across European countries, 2002-06
    • Table 3: GDP at current rates across European countries, 2002-06, (€bn)
    • Table 4: GDP per capita at current rates across European countries, 2002-06, (€)
    • Table 5: GDP growth rates across European countries, 2002-06, (%)
    • Table 6: GDP composition by sector across European countries, 2006, (%)
    • Table 7: Inflation across European countries, 2002-06, (%)
    • Table 8: Unemployment rates across European countries, 2002-06, (%)
    • Table 9: Age of Poland' s dwelling stock, 2002
    • Table 10: Residential mortgage balances outstanding compared to GDP of selected European countries, 2006
    • Table 11: Market share by competitor in the Polish residential mortgage market, 2005-06, (€m)
    • Table 12: Forecast of mortgage gross advances in Poland, 2006-11f, (€m)
    • Table 13: Number of dwellings in Poland, 2001-05
    • Table 14: Average annual house price growth in Poland, Q3 2004-Q4 2006
    • Table 15: Typical mortgage interest rate and reference rate in Poland, Q3 2004-Q4 2006
    • Table 16: Mortgage balances outstanding in the Polish mortgage market, 2002-06, (€m)
    • Table 17: Mortgage net lending in the Polish mortgage market, 2003-06, (€m)
    • Table 18: Mortgage gross advances in the Polish mortgage market, 2003e-06, (€m)
  • List of Figures
    • Figure 1: New mortgage lending in Poland has grown strongly but sporadically, 2003-06
    • Figure 2: PKO has the largest market share of the mortgage market in Poland, 2005-06
    • Figure 3: A snapshot of key statistics in Poland, 2006
    • Figure 4: Poland' s dwelling stock stood at 12.9 million at the end of 2005
    • Figure 5: The majority of dwellings in Poland are owner-occupied, 2004
    • Figure 6: Quarterly house price growth in Poland shows in the most part strong growth, Q3 2004-Q4 2006
    • Figure 7: Typical mortgage interest rates in Poland have leveled off after falling rapidly , Q3 2004-Q4 2006
    • Figure 8: Mortgage balances outstanding in Poland have seen strong growth in the last five years
    • Figure 9: Net lending in Poland grew by a CAGR of 80.1% from 2003-06
    • Figure 10: New lending of mortgages in Poland has grown strongly, but sporadically, 2003-06
    • Figure 11: Categories of banks in the Polish banking industry, 2007
    • Figure 12: PKO has the largest market share of the mortgage market in Poland, 2005-06
    • Figure 13: Mortgage gross advances in Poland are predicted to rise rapidly, 2006-11f