The Bulgarian National Bank forecasts an increase in non-performing loans and has kept buffer for the vaults at 0.5 percent of their capital in the third quarter.
The central bank recalls that at the beginning of the crisis with Covid-19, it issued prescriptions to ensure the preservation of stability in the banking system. The capital buffer reflects the BNB's expectations for the course of the economy. The lower its size, the more positive the economic outlook.
For many years the buffer stood at zero, but in 2019 it began to rise gradually due to the global economic slow down.
According to Eurostat estimates, price growth in the EU slowed down to 2.4% year-on-year in April 2025, compared to 2.5% in March. According to data reported by BTA, Bulgaria's annual inflation rate slowed down to 2.8% in April, down from 4% in March..
'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the 'mighty financial powerhouse'. These descriptions are all accurate, sparking the interest of..
Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for Market Economics (IME), which refers to inflation data in recent months. Following a positive..
On the threshold of the active summer season, which in this country is no more than two months – July and August, the tourism industry..
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