Product creditors are optimistic before Christmas

Similar or slightly stronger than last year’s product credit season is expected.

Product crediting is beyond the nadir – says Balog Gábor, Head of Department at Cetelem Bank's marketing department. He expects 5 and 10 percent growth, compared to the nadir of last year. The market has already started to recover in early November, however the demand for loans only increased in the second half of the month in th pat years – reports Világgazdaság Online.