According to Bulgarian National Bank preliminary data, quoted by Capital Daily, the aggregate amount of foreign investments in Bulgaria over the January-May period amount to no more than 119.8 million euro or four times less than a year ago when they..
The gross external debt of Bulgaria at the end of April 2017 stood at 34.1 billion euro (70 percent of the projected GDP); compared to the end of last year it has dropped by 530.1 million euro (1.5 percent), Bulgarian National Bank data..
Lending to households has increased in February, the Bulgarian National Bank has announced. Loans are up by 47 million Leva compared to the same month of last year. Unlike households, lending to businesses, other financial institutions and the..
At the end of January 2017, Bulgaria’s gross external debt stood at 34.4 billion euro (70.7 percent of the projected GDP) which means a drop by 195 million euro (0.6 percent) compared to the end of last year, the Bulgarian National Bank..
The financial system in Bulgaria is so distinct that there is no other like it in Europe. A so-called currency board is in place that curbs the powers of the Bulgarian National Bank (BNB) considerably, but also exercises a rigorous..
The Bulgarian National Bank has reported that in August the balance of payments remained positive and reached a level of 621.2 million euros in comparison to a level of 424.9 million euros a year earlier. The balance for the first eight months of the..
Bulgarian National Bank Governor Dimitar Radev has predicted consolidation and mergers of banks in Bulgaria, in line with analogous developments in Europe. Interest has been declared from strategic investors, which was not seen in the past years...
Banks in Bulgaria must introduce reasonable fees for basic services offered by 2017. Banks are obliged to make this change in conformity with the European directive on fees and charges by introducing fees that are reasonable (below the average for..
The stress tests of the Bulgarian banking system have suggested the need of corrections of 1.3 percent of bank assets. This amounts to the total of 665 million leva (close to 333 million euro). The Bulgarian National Bank (BNB) has said that the..
The number of bank deposits in Bulgaria decreased, the Bulgarian National Bank informs. However, the total amount of bank deposits was to the tune of over EUR 22 billion by end June, or 6.8% more as compared to the same period last year. Meanwhile,..
