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More than 5,000 people used interest-free loans because of Covid-19

Photo: library

The average amount of interest-free loans taken by individuals in difficult situation due to Covid-19 is about BGN 4,300 (EUR 2,199). This was reported by the Bulgarian Development Bank. The program in support of people on unpaid leave or those who self-insure started in late April. The maximum amount that can be withdrawn under this measure is 2,300 euros. By the end of May, the applications of over 5,000 people were approved and loans totaling about 11 million euros were provided.



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