The President of the Association of Banks in Bulgaria, Peter Andronov, said that the banking system in the country was stable and in recent years has accumulated buffers and reserves, which allow it to face difficulties in this period. In the..
For the first 3 days of the implementation of the bank loan rescheduling measure, more than 20,000 citizens and companies have wished to use the relief. The Association of Banks in Bulgaria recalls that rescheduling of repayment installments..
The European Commission has approved state aid to the tune of EUR 250 million to help small and medium-sized enterprises in Bulgaria affected by the coronavirus epidemic. The scheme has been submitted for approval in March by the Bulgarian government...
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..
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..
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..
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..
