Belgian banks profit from rising electric bike loan popularity

lalibre.be (French)

Belgian banks are seeing a surge in "bike loans" as electric bike sales rise, making these loans increasingly popular. Sales of electric bikes, which can cost over 1,500 euros, have more than doubled in Belgium. Banks like Crelan, KBC, and CBC are offering attractive loan rates, with KBC and CBC lowering theirs to 3.29%. Despite the convenience of spreading costs, these loans ultimately increase the overall price of the electric bike due to interest, emphasizing the need for responsible borrowing.


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Belgian banks profit from rising electric bike loan popularity | News Minimalist