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.
On Tuesday the minimum temperatures in Bulgaria will be between 5 and 10°C, in Sofia - 7°C. During the day, the clouds will be considerable , in the afternoon there will be short showers over Western Bulgaria, in the mountainous areas intense rainfall..
The rearmament of the Bulgarian Air Force with F-16 Block 70 aircraft will contribute to the introduction of new technologies at the Avionams Aircraft Repair Plant for the maintenance of the fighter aircraft entirely on Bulgarian territory. There will..
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 his is stated in the BNB's economic review of the macroeconomic indicators of the Bulgarian..
In the beginning of next week - May 20, all Bulgarian state universities and some private universities will not open their doors as a warning. This..
Bulgaria and Vietnam will work to further deepen bilateral economic exchanges and mutual investments, President Rumen Radev and Vietnam's Minister of..
I proposed that the pensions update from July 1, 2024 be set at 11% and the Supervisory Board of the National Social Insurance Institute voted in favour..
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