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Petar Chobanov (L) and Andrey Gurov in parliament, 26 July, 2023

Parliament approves new deputy governors of the Bulgarian National Bank

In less than five minutes and without any debate, the National Assembly endorsed the nominations of Andrey Gurov, MP from We Continue the Change, and Petar Chobanov, MP from the Movement for Rights and Freedoms for deputy governors of the Bulgarian..

26.07.23 13:08 |

BNB to issue non-investment gold coins

The Bulgarian National Bank (BNB) has not declared as its goal the creation of a "Bulgarian investment gold coin", the treasury said. BNB announced that in 2024 it will release gold coins without pre-specified mintage. In some parameters, these coins..

08.07.23 09:58 |

Bulgarian National Bank increases interest rate by over 8 percent on a monthly basis

The Bulgarian National Bank (BNB) has raised from May 1 the main interest rate to 2.77 percent from 2.47% in April. More than once, the Bulgarian National Bank has warned that the credit expansion in the country may worsen the portfolio in the banking..

01.05.23 14:43 |

BNB mints silver commemorative coin for the 100th anniversary of the Bulgarian Olympic Committee

On March 20, 2023, the Bulgarian National Bank is putting into circulation a silver commemorative coin dedicated to the 100th anniversary of the Bulgarian Olympic Committee.  The coin has a nominal value of BGN 10 and is sold for BGN 132. It is..

20.03.23 05:05 |

BNB: There is no reason to change the existing BGN/EUR exchange rate

There is no reason to change the existing BGN/EUR exchange rate, the Bulgarian National Bank (BNB) stated. There have been no talks between representatives of the BNB and the Ministry of Finance on a possible change of the exchange rate, the Bulgarian..

15.03.23 19:29 |
Dimitar Radev, BNR governor

Dimitar Radev: The political crisis has delayed Bulgaria's entry into the Eurozone

The political crisis is at the root of the delay in Bulgaria's accession to the Eurozone . This was stated by the governor of the Bulgarian National Bank, Dimitar Radev, in his first public appearance, after it became clear that the target date -..

24.02.23 15:23 |
Bulgarian National Bank

Bulgaria takes on new foreign debt of 1.5 billion euros

Bulgaria surprisingly came out with an issue of ten-year euro bonds on the international markets as on January 17 , in one day, the Bulgarian National Bank announced and sold the entire circulated debt.  The financier Nikolay Vanov commented for the..

18.01.23 11:25 |

Bulgarian National Bank increases base interest rate to 1.3%

"The Bulgarian banking sector is stable. The country's accession to the eurozone is a macroeconomic and political catalyst that should not be missed, said  National Bank  Governor  Dimitar Radev before the conference "Banks and Business in Bulgaria..

01.12.22 11:51 |

Non-performing fast loans in Bulgaria increase

In September 2022, non-performing fast loans in Bulgaria increased with 23.2% year-on-year to a total of BGN 346.4 million (EUR 176.7 million), statistical data of the Bulgarian National Bank show. For comparison, a year ago the amount of bad loans..

28.11.22 11:46 |
Bulgarian National Bank

Bulgarian National Bank denies writing report against the adoption of the euro

The Bulgarian National Bank (BNB) has denied having prepared a report in which it is claimed that Bulgaria is not ready to join the eurozone in 2024 . Opponents of the adoption of the euro, including the leader of Vazrazhdane party Kostadin Kostadinov,..

04.11.22 11:56 |
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