Is it possible to live without credit? The data inexorably show that it is not the case in Bosnia and Herzegovina. The number of requests for loans increases in the second quarter. Consumer loans are becoming more and more dominant. Indebtedness of Bosnia and Herzegovina citizens is between 10 and 11 billion marks.
Inflation. The salary essentially becomes less and less. Loans become a necessity. This is also shown by the data of the Central Bank of Bosnia and Herzegovina. The demand for consumer and non-purpose loans is somewhat more pronounced than for housing loans. Banks estimate that such a situation will be maintained until the end of the year.
SENAD SOFTIĆ, Governor of the Central Bank of Bosnia and Herzegovina
“Inflation made the disposable income not enough and sufficient for some wider or more comfortable consumption, so that consumption was diverted to mere survival”.
Few will admit on camera that they actually do it. In the conversation with the citizens, we learned that they still avoid loans. It’s always the last option. They try to invest the borrowed money wisely.
Real estate does not depreciate in value. Investing in real estate is also suggested by economists. However, forecasts about the movement of real estate prices cannot be made.
FARUK HADŽIĆ, economic analyst
“If we were to look only at the market of Bosnia and Herzegovina, citizens could expect a decline. However, our citizens who do not live in Bosnia and Herzegovina also had a significant impact on the strong growth in real estate prices.”
ZORAN PAVLOVIĆ, economic analyst
“Investing in all consumer goods, from cars and so on, does not create new value. Real estate is always a good way to put yourself in a position to force savings.”
However, there are more who cannot save even out of desire, let alone compulsion. Life is getting more expensive. The average family in Bosnia and Herzegovina is focused on meeting basic life needs.
