Text size

For another month, Bulgarian National Bank lowers the key interest rate in the country

published on 5/1/25 11:50 AM

Bulgarian National Bank

Photo: Archive

The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country. As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in the simple annual interest rate. The current interest rate level is the lowest since March 2023, when it was 2.17 percent.

The peak in the increase in the key interest rate in recent years was 3.8% at the end of 2023 and was repeated in March 2024. The key interest rate in Bulgaria, like other countries during the Covid crisis, was at zero for many years, but at the end of September 2022, a series of increases began. The prime interest rate in Bulgaria is applied primarily in calculating the annual interest on liabilities to the budget and is a guideline for commercial banks in granting and servicing loans.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Bulgarian National Bank interest rate

More from category

Climate disasters have "eaten up" 1% of the Bulgarian economy in 2025

Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..

published on 10/9/25 1:10 PM

Bulgarian farmers set to receive new aid exceeding EUR 7 million

Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months, European Commissioner for Agriculture and Food Christophe Hansen told BTA and clarified that the..

published on 10/8/25 10:23 AM

Fraser Institute: Bulgaria ranks 56th in economic freedom worldwide

In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..

published on 10/2/25 2:59 PM

WEATHER

Pick city: Sofía

Cloudy
Min: 7 | Max: 12

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

BNB Governor: Banks in Bulgaria are ready for the euro

Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are..

published on 11/4/25 2:28 PM

The 2026 budget provides for EUR 10.5 billion in new debt and a 3% deficit

Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with..

published on 11/4/25 9:08 AM

Share