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 shrunk by 0.1 percent. Credits taken out by households are up, whereas corporate credits are down and this pushes this index down. Deposits by households are still on their way up, though at a slower rate. The level of liquid assets within the system is high. The share of debt securities in banks’ portfolios, which are considered to be high-security investments, is increasing.
Foreign Minister Georg Georgiev met with the Grand Mufti of Bulgaria Mustafa Alish Hadzhi, the Bulgarian news agency BTA reports. During the meeting, Minister Georgiev laid emphasis on the important role of the established denominations in..
Bulgaria remains one of the countries with a high level of corruption in the public sector, indicates the Corruption Perceptions Index 2024 published by Transparency International. With a score of 43, Bulgaria ranks 76 th out of 180 countries..
The parliamentary group of DPS-Democracy, Rights and Freedoms, affiliated with Ahmed Dogan declared they were categorically opposed to the appointment of Lyudmila Petkova to the post of director of the Public Financial Inspection Agency (PFIA),..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
Citizens of Serbia gathered on February 9 for a 15-minute silent protest under the slogan “Sofia supports the students” in front of the Serbian embassy in..
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