Interest rates on loans and deposits will not change, the Association of Commercial Banks forecasts. Compared to 2019, there is a decline in interest rates. Interest rates on housing loans for households are already below 3%, and on deposits - 0.02 percent.
For the first three months of 2020, the most active in loans are households. In general, the downward trend in number of non-performing loans and growth in deposits continues. The assets of commercial banks are 58.8 billion euros.
Households deposits reach EUR 41.86 billion. On an annual basis, this is an increase of 8.2%, the Bulgarian National Bank reported and warned the commercial banks that due to the Covid-19 crisis the risks for servicing the loans were increasing.
Bulgaria’s government and representatives of the defence industry signed a memorandum aimed at improving cooperation and strengthening communication between the sector and the executive branch. Defence Minister Atanas Zapryanov said the goal was..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities. Organisers of the protests have said that rallies will be held simultaneously at 18:30 local time..
On Wednesday, the Council of Ministers adopted the Programme for the Support of Bulgarian Communities, Organisations and Media Abroad for 2025. Approximately €90,000 was approved from the Ministry of Foreign Affairs' budget for this purpose . The..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
On Wednesday, the Council of Ministers adopted the Programme for the Support of Bulgarian Communities, Organisations and Media Abroad for 2025...
Last night, thousands of people gathered in front of the Palace of Justice in Sofia to protest, demanding an independent judiciary and expressing support..
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