Podcast in English
Text size
Bulgarian National Radio © 2025 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

Bulgaria has the highest share of low-wage earners in the EU

In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country.  Bulgaria had the highest share of low-wage earners (26.84%). This..

published on 2/27/25 4:57 PM

EC hopes for positive decision on part of payments under Bulgaria's Recovery and Resilience Plan

The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..

published on 2/27/25 3:20 PM
Rositsa Mateva

CEC: There will be no recount of ballots from the last elections

There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..

published on 2/27/25 1:54 PM