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.
The delegates of the fourth Patriarchal Electoral Church Council are already voting for new Bulgarian Patriarch. He will be elected with a two-thirds majority of their votes from among three candidates: Metropolitan Gregory of Vratsa, Metropolitan..
On today's day the Bulgaria Orthodox Church pays tribute to the historical personalities who have lived in Bulgarian lands since the 1st century and canonized as saints . All of them were people of faith and spirit and by their deeds strengthened the..
Tomorrow the weather in Bulgaria will be sunny, hot in the afternoon. Maximum temperatures will be mostly between 32°C and 37°C, in Sofia - around 32°C. Over the mountains it will be sunny. In the afternoon there will be light clouds. A..
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The hacker "Emil Kyulev", who broke the database of state institutions, banks and legal entities, was caught The Sofia City Prosecutor's Office..
Tomorrow the weather in Bulgaria will be sunny, hot in the afternoon. Maximum temperatures will be mostly between 32°C and 37°C, in Sofia - around 32°C...
Partly Cloudy
Clear