Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian National Bank to introduce moratorium on bank loan payments

The Bulgarian National Bank is to come up with criteria for public and private moratoriums on bank loan payments. The decision will be based on criteria developed by the EU Single Banking Authority, the BNB said. The measure aims to limit the economic and financial damage caused by the COVID-19 pandemic. In line with International Financial Reporting Standard, loans will be classified based on their default risk and schemes will be sought for their rescheduling and restructuring over time. On this basis, the BNB will allow commercial banks in Bulgaria to further develop their actions to curb the adverse effects of the COVID-19 pandemic on their customers





Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Major repairs to Danube bridge at Ruse begin

Major repairs to the Danube bridge at Ruse begin on 10 July, the Road Infrastructure Agency has announced.  The work will be carried out daily during daylight hours for 10-12 hours a day, depending on the specific work to be carried out, and there..

published on 7/10/24 6:50 AM

Yellow alert for extreme heat remains in effect nationwide

Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains. Minimum temperatures will be between 17 and 21°C, 18°C in Sofia. Maximum temperatures will be between 34..

published on 7/9/24 7:05 PM
Kiril Petkov (L) and Nikolay Denkov (R)

PP will not participate in discussions to form a government

The MPs from We Continue the Change (PP) reaffirmed at a meeting the position of the National Council of PP that "within the 50th National Assembly, there is no necessary majority for the creation of a truly reformist, anti-corruption and..

published on 7/9/24 5:52 PM