Credit Demand Index falls in December

Banking

Image by Shutterstock.com

The Bank360 Retail Credit Demand Index fell to 82.9% in December, down from 88.8% in November, but slightly above the 79.4% figure in December 2020.

Overall, the index closed the second year of the pandemic well below pre-crisis levels; in January 2020, the indicator was still at 127.3%.

According to the index measuring the credit markets prepared by Bank360.hu, the demand for retail loans has not yet reached the pre-crisis level.

Interest in the baby-waiting loan bottomed out in December. 

ADVERTISEMENT

Szijjártó: Nuclear Energy Key to Achieving Climate Goals Pollution

Szijjártó: Nuclear Energy Key to Achieving Climate Goals

Varga in Talks With Big Firms on Global Min Corporate Tax Ra... Government

Varga in Talks With Big Firms on Global Min Corporate Tax Ra...

Wizz Air Celebrates 2.5 Millionth Passenger Flying From Debr... Transport

Wizz Air Celebrates 2.5 Millionth Passenger Flying From Debr...

Budapest Ranked 4th Best Autumn Getaway Spot in Europe Tourism

Budapest Ranked 4th Best Autumn Getaway Spot in Europe

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.