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
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >