In 2021, interest rates on loans will remain at last year's levels - 4.5% to 6.5% for consumer loans and between 2.5% and 3.1% for mortgage loans, Tihomir Toshev, Executive Director of Credit Centerconsulting company, forecasted in an interview for BNR.
In his words, liquidity in the banking system is increasing - bank deposits are growing and already amount to EUR 30.67 billion. The loans extended to the population amount to EUR 12.78 billion.
Real estate prices and demand for mortgage loans have not been impacted by the coronavirus crisis, Tihomir Toshev went on to say.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Partly Cloudy
Clear
Mostly Cloudy