Bulgarian Banker Proposes Ban On Fast Credit Ads
A Bulgarian banker proposes a ban on the ads for fast credits.
In an interview for a Bulgarian-language daily, the chairperson of the oversight board of Procredit Bank, Petar Slavov, said the ads motivating undue consumption, should be banned.
“There is no much difference between the cigarette ads and those for fast credits,” Slavov said. “Those ads are harmful to the society.”
According to him, the banks are in debt to society and it was absurd to attract clients with promises of low interest rates, which increase after a certain period. “This does not bring development to the financial sector, neither to economy, nor to society,” Slavov said.
- » Bulgaria Calls Tender for Deploying Wi-Fi Network at Burgas, Varna Ports
- » Bulgaria Leads in Early Bookings for Summer 2016 at TUI Russia
- » Bulgarian Consumer Confidence Increases - NSI
- » Bulgaria Warns of 18 Unlicensed Investment Intermediaries
- » Two Bulgarian Resorts Rank Among Ten Cheapest Destinations for Russian Tourists
- » Bulgaria's ISP Sector 'Generally Clean'