Panorama on the Christmas commercial credit market
The CEO of Hungarian Cetelem expects subdued season on the commercial credit market. According to Lendvai János; unemployment causing serious problems, making it difficult to expected high demand for loans for further indebtedness.
According to Lendvai János; In this situation, the responsibility of financing participants also increases. They should not give more credit for families, in order to increase traffic growth.
According to Fekete Csaba; Chief Executive Officer of Credigen Bank; the company expects particularly strong year end thanks to the several new expanded partnerships, of the recent months – reports napi.hu.
Related news
Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >