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.
Interior Minister Daniel Mitov told Parliament that 37 cases of harassment and aggression committed by youth gangs have been reported in Sofia since the start of the year, with 33 of the perpetrators already identified and detained. Government to..
To coincide with the start of the new school year on 15 September, Bulgaria’s prosecutor’s office and Ministry of the Interior have launched a nationwide operation targeting drug trafficking near schools , shopping centres, nightclubs and other places..
A new bridge over the Danube River between Bulgaria and Romania is needed in Silistra, Deputy Prime Minister and Minister of Transport Grozdan Karadzhov said during a visit to the town. “In addition to the second bridge in Ruse, there should be two..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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