Bank profits stood at over half a billion Leva (250 million euro) at the end of May, Bulgarian National Bank data indicate. Banks’ profits are up by 28 million euro compared to the first five months of last year. However, the credit portfolio has shrunk by 0.1 percent. Credits taken out by households are up, whereas corporate credits are down and this pushes this index down. Deposits by households are still on their way up, though at a slower rate. The level of liquid assets within the system is high. The share of debt securities in banks’ portfolios, which are considered to be high-security investments, is increasing.
On Friday, the minimum temperatures in Bulgaria will be between - 20°C and - 5°C. In Sofia, it will be around minus 13°C. During the day, it will be mostly sunny. There will be a weak, in the eastern regions to moderate wind from the..
Hacker group Ransomhouse announced on its website that it has data leaked from the information systems of the Supreme Administrative Court. As evidence, documents with lists of names and personal data of employees, as well as various documents have..
The situation in the country illustrates the urgent need for the state to create conditions for holding more farmers' markets, where farmers can sell their produce directly to consumers. This was stated by the Bulgarian Farmers' Union in connection..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current..
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister..
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