Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

No extension of loan repayment moratorium expected

Levon Hampartzoumian
Photo: library, BGNES

The moratorium on loan repayments will not be extended for a third time. The end of the health-care part of the problem can be seen on the horizon, banker Levon Hampartzoumian has told bTV.

"But as the medical issues disappears, economic problems continue," Hampartzoumian said. If a company had an unsustainable business, the outcome for it would not be good both in times of a pandemic and without one, the banker added. "People who owe money should communicate with the financial institution they took the loan from. Do not expect banks to start asking for money the day after the end of the loan repayment moratorium. But banks must be convinced that they would receive the money back," Hampartzoumian said. He added that a wave of non-performing loans was not expected.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

 Energy Minister Zhecho Stankov

Energy Minister: Adoption of the euro will not affect household electricity prices

The introduction of the euro will not affect household electricity prices, Energy Minister Zhecho Stankov told BNR. He added that from the day Bulgaria adopts the single European currency, electricity bills will be recalculated at the legally approved..

published on 6/1/25 4:43 PM
Revolutionary Hristo Botev (1848-1876)

Rumen Radev to deliver speech on the eve of 2 July

President Rumen Radev and Vice President Iliana Yotova will take part this evening in the commemoration of the 149th anniversary of the brave actions of poet and revolutionary Hristo Botev and his chetnicks. The event will take place in Vratsa , the..

published on 6/1/25 4:25 PM

Construction of Bulgaria's First National Paediatric Hospital to begin March 2026, Ministry of Health announces

The Ministry of Health shared a short video showing what the country's first National Paediatric Hospital (NPH) will look like. This hospital is set to open by 2028, as reported by BTA.  The construction will begin in March next year, three months..

published on 6/1/25 3:36 PM