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

Banks expect low interest rates will remain unchanged despite inflation

Photo: Archive
Despite rising inflation, banks expect low interest rates to remain in the medium term, said Tsvetanka Mincheva, head of one of the largest banks in Bulgaria. According to her, the pressure of rising prices provokes people to look for alternative investments, as more and more often these are mutual funds, BNR reported.

Mincheva pointed out that banks are careful when granting loans, although the Covid crisis has shown resilience in the market. 



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

Sunny Saturday and Sunday, rain in the mountains

On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be cloudy in the mountains, where rain and snow will fall, and sunny in the east. Maximum temperatures..

published on 4/26/24 7:05 PM
Angel Kunchev

The spread of whooping cough is expected to subside by the end of 2024

An emergency epidemic situation will not be introduced in the country due to the spread of pertussis (whooping cough), as this is not necessary. This was announced by the chief state health inspector, Assoc. Prof. Angel Kunchev...

published on 4/26/24 11:53 AM

GERB leader predicts five more caretaker governments

With the votes of GERB-SDS and PP-DB, the parliament rejected the request for a debate on the report of the temporary committee to investigate corruption practices in the "Customs" Agency and the possible role of the former finance..

published on 4/26/24 10:54 AM