Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bank mergers expected in Bulgaria

Photo: BTA

Bulgarian National Bank Governor Dimitar Radev has predicted consolidation and mergers of banks in Bulgaria, in line with analogous developments in Europe. Interest has been declared from strategic investors, which was not seen in the past years. The BNB governor has commented that Bulgaria’s banking system is stable, trust in banks has been recovering, and that the country ranks third as per the smallest debt as part of GDP after Estonia and Luxembourg. He however has noted that it is still early to talk about accession to the Euro Zone.




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

Bulgaria looking for help from USA for anti-corruption training of magistrates

The possibilities for anti-corruption training for Bulgarian prosecutors, investigators and financial intelligence officers was discussed at a working meeting between Chief Prosecutor Borislav Sarafov and US lawyers Dr. Kevin Carroll..

published on 9/12/24 1:45 PM

President Radev: Society expects politicians to stand for national interests

The political crisis can only be overcome by the return of principles to politics. Parties should clearly understand that their credibility is the key to their success, President Rumen Radev told journalists on the occasion of the upcoming elections...

published on 9/12/24 12:27 PM

100 years since the consecration of Saint Alexander Nevsky Patriarchal Cathedral

Exactly 100 years ago, on the 12th of September 1924, St. Alexander Nevsky Cathedral was consecrated . The temple was built with public donations "in gratitude to the Russian people for the liberation of Bulgaria from the Ottoman yoke in 1878", on the..

published on 9/12/24 11:51 AM