Banks' interest incomes on loans have decreased, while their interest expenses on deposits are on the rise. In the near future, the trend of deposit growth and slowdown in lending activity will continue to develop. This is the forecast of the..
Loans totaling more than 4 billion euros are temporarily under a moratorium due to the Covid-19 crisis. Most of the deferred liabilities belong to companies. EUR 850 million are present in the accounts of individuals, the Bulgarian National Bank..
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..
The President of the Association of Banks in Bulgaria, Peter Andronov, said that the banking system in the country was stable and in recent years has accumulated buffers and reserves, which allow it to face difficulties in this period. In the..
For the first 3 days of the implementation of the bank loan rescheduling measure, more than 20,000 citizens and companies have wished to use the relief. The Association of Banks in Bulgaria recalls that rescheduling of repayment installments..
The government fund, set up to manage 600 million euros /BGN 1.2 billion/ under four EU-co-financed operational programs, has announced that it is providing banks with 85 million euros /BGN 170 million/ as guarantee to support small and..
Putting off loan obligations will be made through an agreement with the banks for a new repayment plan. Temporarily the principal amount or the principal and the interest may not be paid, Petar Andronov, head of the Association of Banks in..
On January 25, 140 years since the establishment of the Bulgarian National Bank in 1879 by the Russian imperial commissioner in Bulgaria, Prince Alexander Dondukov-Korsakov, is celebrated. On 6 June that same year the first bank operation took place...
According to data of the Bulgarian National Bank, the profit of the Bulgarian banks rose significantly to EUR 556 million at the end of August 2018 from EUR 567 million registered in the same period last year. Bank lending increased with EUR 230 in one..
The profit of the Bulgarian banking system by end June 2018 amounted to EUR 409 million, which is 25% more as compared to the same period last year, data of the Bulgarian National Bank show. The total assets of the banking system amount to EUR 52..
