Consumer Credit Demand Index up in February m/m

The Consumer Credit Demand Index increased to 3.5 percent in February 2015 from 1.7 percent in January 2015, according to the Credit Information Bureau. The institution also informed that the Mortgage Credit Demand Index stood at 2.8 percent in February, while in January it was 4.5 percent. The indexes mean that banks and SKOK credit unions inquired the bureau for consumer credits valued 3.5 percent more and mortgage credits valued 2.8 percent more than in January 2015, respectively.