Just Published: "Consumer Lending in the Czech Republic"
Consumer lending grew slowly both in terms of outstanding balance and gross lending in 2015. Despite mass advertising and the promotion of credit by issuers, the consumer response has been reluctant and non-card lending even declined in gross lending in 2015. Gross lending through card lending, however, posted fast current value growth, which relates to the increased popularity of card payments. However credit cards are still being used more as a payment instrument rather than a vehicle for...
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