Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Banking sector in Bulgaria is stable despite difficulties

Photo: BGNES

The President of the Association of Banks in Bulgaria, Peter Andronov, said that the banking system in the country was stable and in recent years has accumulated buffers and reserves, which allow it to face difficulties in this period.

In the past ten days alone, payments on 25,000 loans have been deferred. Providing state-guaranteed non-interest-bearing loans have also started. In addition to the Bulgarian measures announced by the Development Bank, the companies have opportunities related to European programs. Such programs are being prepared by the European Investment Bank and the European Investment Fund, Peter Andronov added.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

GERB will not sign PP/DB’s declaration for a cordon sanitaire around Delyan Peevski, Boyko Borissov says

During the regional GERB youth academy in Targovishte, GERB leader Boyko Borissov stated that GERB would not sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB) for a cordon sanitaire around Delyan Peevski. PP/DB calls..

published on 11/30/24 3:17 PM

Protest in Velingrad in support of farmers with flocks which tested positive for sheep and goat plague

A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..

published on 11/30/24 1:10 PM

EC gives Bulgaria 6 months to introduce necessary reforms under the Recovery and Resilience Facility, or it may lose EUR 653 million

Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..

published on 11/30/24 11:55 AM