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.
Doctors have renewed the call for children without the compulsory vaccinations to not be allowed in school, or to be part of organized groups of children. Temporary anti-epidemic measures introduced over the spread of whooping cough In an..
The international science form “The Way of Light” opened in Athens on 11 May, the day on which the Orthodox church honours Saints Cyril and Methodius. The event was opened by and is taking place under the patronage of Bulgaria’s Vice President..
Attempts at cyberattacks against the websites of state institutions are constantly being registered because of the upcoming elections for European and national parliament, caretaker Minister of e-Government Valentin Mundrov said in an interview with..
The 16th edition of the Specialized Agricultural Exhibition BATA AGRO will be opened today in the presence of Bulgaria's Minister of Agriculture..
Monday will remain mostly cloudy. Rain will still fall in eastern Bulgaria before noon. In the afternoon there will be showers in places in western..
The number of visits by foreign nationals to Bulgaria increased by 16.0% in 2023 , with visits from Turkey and Romania contributing the most. T..
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