The Bulgarian National Bank forecasts an increase in non-performing loans and has kept buffer for the vaults at 0.5 percent of their capital in the third quarter.
The central bank recalls that at the beginning of the crisis with Covid-19, it issued prescriptions to ensure the preservation of stability in the banking system. The capital buffer reflects the BNB's expectations for the course of the economy. The lower its size, the more positive the economic outlook.
For many years the buffer stood at zero, but in 2019 it began to rise gradually due to the global economic slow down.
One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground infrastructure and the installation of new compressors, has already been completed, Energy Minister..
Transformation – this is the word that most accurately describes the current state of the Bulgarian industry. According to an analysis of sectoral data for the period from 2008 to the beginning of 2024, made by the Institute for..
Tourism is one of the sectors in Bulgaria ready to the greatest extent to smoothly continue working after Bulgaria joins the Еurozone , the executive director of the National Tourism Board, Dr. Polina Karastoyanova, believes. In tourism, and at this..
One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground..
Transformation – this is the word that most accurately describes the current state of the Bulgarian industry. According to an analysis..
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