HangiKredi: There was a 7-fold increase in the volume of searches for holiday loans.

As the holiday season approaches, a significant increase in credit requests has been observed, with a sevenfold increase in holiday loan searches. Following a total of 750 basis points in interest rate cuts since December 2024, there has been a decrease in loan interest rates, boosting the interest of both individual and commercial clients in loans.

According to HangiKredi data, while the use of personal loans has risen, the most demanded product on the commercial side has been SME loans. Since the beginning of the year, the volume of personal loans increased by 8.7%, while mortgage loans grew by 5.9%. Additionally, overdraft usage, which provides short-term financing, saw a significant rise of 14.1%, making it the fastest-growing category among loan products.