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.
After the elections, GERB will not negotiate for a new government with the co-chairmen of "We Continue the Change" Kiril Petkov and Asen Vassilev, as well as with the former prime minister Nikolay Denkov, but would accept some of the..
The co-chairman of PP-DB Kiril Petkov defined entering into a joint government with GERB-SDS as a "big mistake". "We did not realize how dependent Borisov was on Peevski," he told BNR. The goal for the PP-DB is to shed light..
Voters in the EU countries will be able to vote for candidates for both the Bulgarian and the European Parliament, while those outside the EU will only elect MPs for the Bulgarian National Assembly as in the polling stations there..
A new complex in the village of Samoranovo, which includes a prison without bars based on the Norwegian model, a training center for prison officers, etc...
On Tuesday, lows will be between 7 and 12°C, 8°C in Sofia. During the day, rain will start to decrease from the north to central and eastern Bulgaria,..
On April 27, volunteers from a total of 465 locations throughout Bulgaria took part in the eighth edition of the "Let’s Count the..
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