Tangible growth in people’s willingness to take out loans

The Deloitte-Scale Bank Index surveys consumer willingness to buy, save and take out loans. We learned from the latest edition of the quarterly index that consumers still tend to say no to loans but in constantly reducing numbers. There are more and more bank service users but Hungary is still the country of yellow postal cheques. According to András Fülöp, senior partner of Deloitte Zrt. in the first half of 2014 new flat purchase loans were placed in the value of HUF 16 billion a month, driving the improvement process in the lending market. Compared with the Deloitte-Scale Bank Index in early 2014, all three indexes (consumption, loans, saving) were up. However, the index also reveals that still only 12 percent of people have savings.