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
GKI analysis: Earnings – how much is too much?
One of the most common questions in recent months is…
Read more >We can be cautiously optimistic
Dr Ákos Kozák, co-founder of the Equilibrium Institute gave a…
Read more >The autumn started weakly in retail trade
Retail performance in September started off weaker compared to August,…
Read more >Related news
ESG – about sustainability standards, from a legal perspective
Since December 2023 several pieces of legislation have been published…
Read more >DairyX makes a breakthrough in dairy-free casein production
Israeli start-up DairyX Foods has made great progress in the…
Read more >Co-op uses AI to fight GBP 40m losses in the UK
British supermarket chain Co-op is using AI technology to detect…
Read more >