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.
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice president of the European Investment Bank, told the Bulgarian National Radio. "In the contracts we..
I have spoken many times with Minister of Foreign Affairs of North Macedonia Timčo Mucunski. He knows our position very well. His role is to convince his own government to abide by the 2022 consensus. This was what Bulgarian Foreign..
Bulgaria welcomes the consistent efforts of the US and President Donald Trump to establish a just and lasting peace in Ukraine, the Council of Ministers wrote on the government's Facebook page. The final terms of a future peace..
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice..
Bulgarian and Chinese researchers discussed scientific cooperation at a forum in Sofia on Friday, attended by representatives of the Bulgarian Academy of..
Bulgaria lacks a coherent national policy on refugees despite continued migrant flows , Vice President Iliana Iotova said on Wednesday, calling for a lead..
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