In 2021, interest rates on loans will remain at last year's levels - 4.5% to 6.5% for consumer loans and between 2.5% and 3.1% for mortgage loans, Tihomir Toshev, Executive Director of Credit Centerconsulting company, forecasted in an interview for BNR.
In his words, liquidity in the banking system is increasing - bank deposits are growing and already amount to EUR 30.67 billion. The loans extended to the population amount to EUR 12.78 billion.
Real estate prices and demand for mortgage loans have not been impacted by the coronavirus crisis, Tihomir Toshev went on to say.
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN), according to data from the National Statistical Institute (NSI). Bulgaria's main trading partners..
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
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