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

Is raising taxes inevitable if we want to fix the budget?

At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..

updated on 9/26/25 1:02 PM

Rosen Zhelyazkov: Bulgaria is among the most dynamic and promising economies in Southeastern Europe

Bulgaria is among the most dynamic and promising economies in Southeastern Europe, said Prime Minister Rosen Zhelyazkov. He participated in a luncheon roundtable discussion in New York organized by the Delphi Economic Forum and the Business Council..

published on 9/26/25 11:15 AM

International Technical Fair 2025 kicks off in Plovdiv

Plovdiv is hosting the 79th International Technical Fair from September 24 to 27, 2025 , bringing together leading companies, innovators, and industry professionals. The Forum highlights technological advancement and sustainable development across key..

published on 9/24/25 8:55 AM