The profit of the Bulgarian banking system exceeded EUR 500 million, data of the Bulgarian National Bank for August show. In August 2016 the results of the stress tests of the country’s banking system were announced. The profit of the Bulgarian commercial banks in the first 8 months of 2016 is EUR 150 million higher than the one registered in the same period last year, BNB summarizes. This was mainly due to the fact that less money was spent on impairment of loans. The capital adequacy and liquidity remain at a very high level. BNB also announced that the credit portfolio increased insignificantly. Bank deposits have continued to grow despite the low interest rates.
The long-promised modernisation of the production facilities of Bulgaria's only state-owned milk processing company, LB Bulgaricum in Vidin, is about to begin. The Ministry of Economy announced that the modernisation of the production base would be..
At the invitation of INSAIT, one of the world's leading artificial intelligence scientists, Prof. Zico Kolter, will visit Bulgaria, the Ministry of Education has announced. Prof Kolter is a board member of OpenAI, the AI research organisation behind..
The Ministry of Foreign Affairs and the Ministry of Defense are ready to provide humanitarian assistance to Bosnia and Herzegovina after the floods near Mostar, said the press center of the Ministry of Foreign Affairs. The Bulgarian government is..
The Ministry of Foreign Affairs and the Ministry of Defense are ready to provide humanitarian assistance to Bosnia and Herzegovina after the floods near..
The Central Election Commission has determined the polling stations abroad for the parliamentary elections on October 27. At this stage, there are 710..
The government approved an additional BGN 200 million (EUR 102 million) for the budget of the State Fund Agriculture for 2024. The funds are allocated..
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