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 transition from Russian nuclear fuel from "TVEL" to the American fuel from "Westinghouse" will start in May with the loading of 43 cartridges in the reactor core of the fifth unit of the Kozloduy NPP. The process of replacing..
It is possible that some categories of civil servants employed in the security sector would be required to undergo military training. This was announced by caretaker Minister of Defense Atanas Zapryanov. He said that this was not..
On April 27, volunteers from a total of 465 locations throughout Bulgaria took part in the eighth edition of the "Let’s Count the Sparrows” campaign of the Bulgarian Society for the Protection of Birds. A total of 6,240 sparrows of..
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,..
Bulgaria remains consistent in its support for Ukraine and will actively participate in the process of its post-war reconstruction , caretaker Premier an..
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