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

Commercial banks in Bulgaria have 5 days to decide on payment moratoria

Photo: capital.bg

Bulgaria's central bank BNB has adopted the guidelines approved by the European Banking Authority for private moratoria on payments in light of the Covid-19 crisis. Payment moratoria are seen as an effective tool to address short-term liquidity difficulties for clients. Many businesses and citizens now experience difficulties resulting from the impact of the COVID-19 pandemic. Therefore, the BNB wants commercial banks to propose, within 5 working days, a common draft with rules regarding moratoria on payments. The rules should not interfere with the maintenance of commercial banks' capital liabilities, the BNB informs.




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

Bulgarians say the EU means democracy, human rights, law and high standard of living

Bulgarians value democracy, human rights, the rule of law and the standard of living in the EU, according to Eurobarometer data presented on July 26 by the European Commission, BTA reports. When asked what are the strengths of the..

published on 7/26/24 2:39 PM

Applications for translators' residencies are now accepted

October 9 is the deadline for applications for research residencies for literary translators from Bulgarian under the Archipelagos project, the Next Page Foundation announced. The residencies will take place at the House for..

published on 7/26/24 2:05 PM

UNWE is the only Bulgarian economic university in the QS World University ranking

The University of National and World Economy is the only economic one among the four Bulgarian universities present in the prestigious ranking of European universities QS World University Rankings, the press center of the educational..

published on 7/26/24 12:28 PM