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

Bulgaria reports 0.1% monthly inflation for August

In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..

published on 9/15/25 1:44 PM

Company invests over 1 million euros in its production in Bozhurishte

A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..

published on 9/14/25 9:10 AM

Ministry of Economy: The direct impact of US tariffs on Bulgarian exports may total €468 million

The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..

published on 9/10/25 4:45 PM