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.
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue Service says. In the afternoon the weather conditions will worsen and mountain hiking is not..
The Bulgarian Foreign Ministry is posting additional staff at consular missions to cope with the tourist industry’s increasing needs of foreign workers during the summer season, reads the Foreign Ministry’s position regarding an interview given by..
Caretaker Energy Minister Vladimir Malinov is on a working visit to Turkey. Today he will hold talks in Istanbul with his Turkish counterpart, Dr Alparslan Bayraktar, Minister of Energy and Natural Resources. The meeting is on the initiative of..
Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the..
On Sunday the weather will be predominantly sunny, with cumulus clouds forming in the East in the afternoon though there is a slim chance of rain...
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue..
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Partly cloudy, chance of rain
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