Sponsored Content
CESEE: Consumer Loans Decline Considerably
Since 2008, Austrian consumers tend to refrain from consumer credits. In the CESEE countries, the downward trend is even more obvious.

In the last five years, the size of consumer credits has been falling substantially in the CESEE region. In the Baltic countries, the decline reached between 28% and 48%. In Hungary, Slovenia and Romania, consumers became more cautious too. In Austria, demand for consumer loans was down by 13.5% since 2008. On average, consumer loans amount to € 2,800 per head in Austria. Only in…
or Log In
Fast News Search