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.
The protest in front of the National theatre was pre-announced and more than 60 law enforcement officers were dispatched to secure the theatre building, caretaker Interior Minister Atanas Ilkov said in an interview with public service TV BNT. After..
The Bulgarian Orthodox church marks the day of St. Archangel Michael today, one of the most popular immovable Christian feasts. In Bulgaria it is also known as Arhangelovden . In popular belief, Archangel Michael – the angel closest to God –..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play Arms and the Man , directed by John Malkovich, turned violent. The protesters occupied the entrances..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny..
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