Interest rates on loans and deposits will not change, the Association of Commercial Banks forecasts. Compared to 2019, there is a decline in interest rates. Interest rates on housing loans for households are already below 3%, and on deposits - 0.02 percent.
For the first three months of 2020, the most active in loans are households. In general, the downward trend in number of non-performing loans and growth in deposits continues. The assets of commercial banks are 58.8 billion euros.
Households deposits reach EUR 41.86 billion. On an annual basis, this is an increase of 8.2%, the Bulgarian National Bank reported and warned the commercial banks that due to the Covid-19 crisis the risks for servicing the loans were increasing.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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