The profit made by Bulgarian banks as of 30 September, 2021, reached over half a billion euro, 195 million more than during the first nine months of 2020, BNT has reported.
According to Bulgarian National Bank data, the growth of profit is by 55.6%. Bank deposits have also gone up – in the July-September period they increased by almost 2 billion euro, reaching 56 billion euro. The revenues are due most of all to savings by non-financial companies (1.2 billion euro) and households (332 billion euro). Moreover, the stock of non-performing loans at the end of September dropped to around 2.69 billion euro, less than it was compared of June, when it stood at 2.75 billion euro.
Gross loans and advance payments during the third quarter of 2021 have gone up by around 0.9 billion euro (2.2%) to approximately 41.95 billion euro.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
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