Credit from the Drugstore – German method set an example
The personal bank services are important in Germany, but this time the place of the credit application is not a branch bank, but a coffee house or a drugstore.
Most of the german financial services companies try to get
partners in retail, hope so they can get new clients. The Rossman for example,
operating several shops in Hungary, sell nowadays not only cosmetics and
chemical products, but credits of Deutsche Bank too. The Royal Bank of Scotland
sells 50,000 euro credit trough Tchibo coffee shops, and the interest is not
high, only 6,4%.
Consumer protection organizations said this new, easy way of
credit will grow the possibility of indebtedness in Germany.
Related news
Related news
Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients…
Read more >KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2…
Read more >Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading…
Read more >