Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

No extension of loan repayment moratorium expected

Levon Hampartzoumian
Photo: library, BGNES

The moratorium on loan repayments will not be extended for a third time. The end of the health-care part of the problem can be seen on the horizon, banker Levon Hampartzoumian has told bTV.

"But as the medical issues disappears, economic problems continue," Hampartzoumian said. If a company had an unsustainable business, the outcome for it would not be good both in times of a pandemic and without one, the banker added. "People who owe money should communicate with the financial institution they took the loan from. Do not expect banks to start asking for money the day after the end of the loan repayment moratorium. But banks must be convinced that they would receive the money back," Hampartzoumian said. He added that a wave of non-performing loans was not expected.



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

Photo: Embassy of Bulgaria in Washington

Embassy of Bulgaria in USA hosts a Fulbright alumni reception

The Embassy of Bulgaria in USA hosted a Fulbright alumni reception . For over three decades, the Fulbright  P rogram has played a pivotal role in fostering educational and cultural ties between Bulgaria and the United States. ''Thanks to the..

published on 7/11/25 12:26 PM

National Assembly rejects fourth no-confidence motion against Rosen Zhelyazkov's cabinet

The National Assembly rejected the no-confidence motion against the cabinet of Prime Minister Rosen Zhelyazkov. This was the fourth motion of no confidence against the government, this time citing ''failure in the environment and water sector''. 83 MPs..

published on 7/11/25 10:11 AM

Skopje lodges a protest with the Bulgarian ambassador over the term “North Macedonian”

Bulgaria's Ministry of Foreign Affairs issued a statement following the summoning of the Bulgarian ambassador to North Macedonia’s Ministry of Foreign Affairs in Skopje.  Skopje lodged an official protest with Ambassador Zhelyazko Radukov, as the..

published on 7/11/25 9:38 AM