Loans totaling 4.2 billion euros were rescheduled because of the Covid-19 crisis at the end of February, BNR reporter Marta Mladenova informed. The number of rescheduled loans as of March 31 will be clear in a month. The end of March is the deadline for approval of deferral requests over the pandemic.
The profit of banks for the first two months of 2021 reached 86 million euros, which is a rise of more than 9% compared to the same period of the past year. The banking system remains very liquid, it was reported. Growth in both loans and deposits has been observed.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey..
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the..
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