The profits of Bulgarian banks continue their rise. In mid-2019 profits in this sector amounted to 469 million euro, which is 14.6 percent up on last year, the Bulgarian National Bank, BNB says.
The level of non-performing loans is going down. At the end of June they constituted 7.2 percent, compared to 7.4 percent during the first quarter of 2019. Credits amount to a total of 32 billion euro. There is an increase in loans with households as well as businesses. The Bulgarian National Bank warns that there is a big appetite for credit, but that banks should be cautious when they grant loans and avoid taking excessive risks. The increased debt securities portfolio is seen as a positive indicator. Despite their low profitability they are a very safe investment for banks.
Anti-epidemic measures in Bulgaria extended until May 13 The duration of the introduced anti-epidemic measures in Bulgaria in connection with the spread of Covid-19 is extended until May 13, 2020, a new order of Bulgaria's Health Minister..
The duration of the introduced anti-epidemic measures in Bulgaria in connection with the spread of Covid-19 is extended until May 13, 2020, a new order of Bulgaria's Health Minister Kiril Ananiev reads. The decision is motivated by the complicated..
Bulgaria's Minister of Tourism Nikolina Angelkova has issued an order that all organized tourist trips of Bulgarians abroad , organized trips of foreigners in Bulgaria, as well as all organized tourist visits inside the country are suspended until May..
The peak of the Covid-19 pandemic in Bulgaria is expected within 10 to 15 days, this country’s Premier Boyko Borissov said. Now it is the time to show..
The National Headquarters for the fight against Covid-19 has reported 30 new cases of infection and a total number of 611 confirmed cases in this country..
This year the Holy Fire will not come from Jerusalem, there will be no willow twigs on Palm Sunday These were the decisions reached..
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