The Ministry of Finance has drafted a law on crypto-assets markets to regulate trading in this type of instruments, BNR’s Radio Sofia reports. The initiative comes in response to the European Markets in Crypto-Assets Regulation (MiCA) which comes..
On 1 November, the Bulgarian National Bank is raising the base rate for the national currency – Lev – to 3.79 %. The base rate in October was 3.64%, and in September 3.53%. Interest rates have been going up since the end of September 2022 when..
The profit of Bulgaria’s banks amounted to over EUR 600 million by the end of November, the Bulgarian National Bank informs. The banks’ profit is EUR 180 million higher as compared to the same period (January-November) last year. According to..
Bank profits stood at over half a billion Leva (250 million euro) at the end of May, Bulgarian National Bank data indicate. Banks’ profits are up by 28 million euro compared to the first five months of last year. However, the credit portfolio has..
The profit of the thirty odd commercial banks operating in Bulgaria amounted to nearly EUR 450 million in 2015. In the first four months of 2016 only, they registered a profit to the tune of EUR 200 million . In other words, their annual returns may..
