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

Slight drop in temperature on Monday

Sunny weather will prevail on Monday. There will be more significant increases in cloudiness over the northern and eastern regions of Bulgaria in the afternoon and over mountainous regions. Rainfalls are possible in some places...

published on 8/4/24 6:05 PM
Slavi Trifonov

ITN returns the mandate for cabinet unfulfilled and new elections are forthcoming

Tomorrow, ITN will return to President Rumen Radev the third mandate for forming a government that has not been fulfilled, the leader of the party Slavi Trifonov announced on his Facebook page. Slavi Trifonov recalled the..

published on 8/4/24 4:20 PM

Most of the unemployed have no professional qualifications

Most unemployed people in Bulgaria do not have a professional qualification, the Employment Agency reports. For just a year, the number of people without special skills increased by 8% and is nearly 87 thousand. The data also..

published on 8/4/24 3:41 PM