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.
'We condemn the unprovoked violation of airspace,' declared Prime Minister Rosen Zhelyazkov in response to yesterday's incursion of drones into Polish airspace. Speaking during a visit to the town of Simitli, he emphasised: 'Our position is clear and..
The debate on the introduction of the euro and Bulgaria’s membership in the Eurozone is more of a political issue than an economic or social one, Premier Rosen Zhelyazkov said during an event in Blagoevgrad within the National Information Campaign..
The activation of Article 4 of the NATO Treaty does not mean involvement in war, Foreign Minister Georg Georgiev told journalists at a forum in Blagoevgrad. “Consultations are to be scheduled under Article 4 of the NATO Treaty. There are not many..
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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