Consumer loans over 250 billion in a month
The value of new consumer credit contracts of the households exceeded 250 billion forints in the first five months. It is more than one and a half times more than in the previous year. Personal loans continue to pull the market – Világgazdaság Online wrote.
According to figures from the National Bank of Hungary (MNB), the new contracts of the households amounted to 250.5 billion forints between January and the end of May, which is an increase of 53.9 percent, compared to the previous year. (vg.hu, Barát Mihály)
Related news
Specialty coffee: a new wave in the cup
After crude oil, coffee is the second most traded product…
Read more >Waiting strategy – and no real confidence
In a quarterly online presentation by PwC Magyarország partner Gábor…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >Related news
Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select…
Read more >Arla Foods invests in Bahrain cheese production expansion
The dairy group expects the investment to boost the Bahrain…
Read more >