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Fast loans excluded from moratorium on loan repayments

Fast loans have been excluded from the moratorium on loan repayments introduced because of Covid-19, the Association for Responsible Non-Bank Lending has warned. This high risk and expensive product, which is not offered by commercial banks, is..

07.04.20 16:33 |

Credit terms can be renegotiated by June

Putting off loan obligations will be made through an agreement with the banks for a new repayment plan. Temporarily the principal amount or the principal and the interest may not be paid, Petar Andronov, head of the Association of Banks in..

05.04.20 15:14 |

Economist Vasil Simov predicts drop in food prices

In an interview with the Bulgarian National Television, the CEO of the Sofia Commodity Exchange Vasil Simov predicts that the wave of food hoarding since the beginning of the Covid-19 epidemic will lead to a subsequent decline in demand , which will force..

28.03.20 15:14 |

Bank deposits of Bulgarian households up, loans down

The Bulgarian National Bank has said that at the end of February 2016 deposits of the non-governmental sector in the Bulgarian banking system were to the tune of 63.947 billion leva /32.88 billion euro/ or 70.4% of the GDP equal to an annual growth of..

23.03.16 17:11 |
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