Demand for personal loans at pre-crisis levels

Banking

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According to Bank360.hu, the demand for unsecured personal loans is again at the pre-COVID crisis level.

The portal explained in its analysis yesterday that the Bank360 retail loan demand index was 64.7% in August, an indicator of interest in loans, which is based on the January 2020 value before the coronavirus pandemic.

The August value was 6.5% above the absolute low in July but still below 81.6% a year ago. However, within the retail loan types, internet interest in personal loans was strong in August, with a 101% value of the index indicating a higher level of demand than in January last year, Bank360.hu pointed out.

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