Financial service providers signed 245,000 new contracts in 2023, almost 26,000 (11.8%) more than a year earlier.
The value of new contracts reached HUF 522.9 billion, according to the MNB's statistics, 6.3% more than a year earlier.
This in itself is not a very steely performance, but considering that the entire consumer credit market shrank by 11.5% in 2023, it cannot be regarded as a bad result at all, the report notes.
In addition, the new placements of personal loans are already close to the peak of HUF 560 bln in 2019.
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