The profit of the Bulgarian banking system exceeded EUR 500 million, data of the Bulgarian National Bank for August show. In August 2016 the results of the stress tests of the country’s banking system were announced. The profit of the Bulgarian commercial banks in the first 8 months of 2016 is EUR 150 million higher than the one registered in the same period last year, BNB summarizes. This was mainly due to the fact that less money was spent on impairment of loans. The capital adequacy and liquidity remain at a very high level. BNB also announced that the credit portfolio increased insignificantly. Bank deposits have continued to grow despite the low interest rates.
Speaking at an informal meeting of EU leaders on Friday, Prime Minister Rosen Zhelyazkov said that Bulgaria, as an EU member state and NATO ally, is ready to participate in efforts to find solutions for peace and security. He said that Ukraine’s..
Bulgarian-born scientist Dr Ellie Hadjhiyska Schmelzer is leading a team working on NASA’s Transiting Exoplanet Survey Satellite (TESS) mission, a space project dedicated to identifying planets outside the Solar System, BTA reported. Hadjhiyska..
Bulgaria lacks a coherent national policy on refugees despite continued migrant flows , Vice President Iliana Iotova said on Wednesday, calling for a lead institution to coordinate integration efforts. Speaking at a roundtable event on the..
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice..
With the slogan “No to the division of workers! Yes to higher incomes!” the Confederation of Independent Trade Unions in Bulgaria (CITUB/KNSB) held a..
Bulgarian and Chinese researchers discussed scientific cooperation at a forum in Sofia on Friday, attended by representatives of the Bulgarian Academy of..
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