Bank profits stood at over half a billion Leva (250 million euro) at the end of May, Bulgarian National Bank data indicate. Banks’ profits are up by 28 million euro compared to the first five months of last year. However, the credit portfolio has shrunk by 0.1 percent. Credits taken out by households are up, whereas corporate credits are down and this pushes this index down. Deposits by households are still on their way up, though at a slower rate. The level of liquid assets within the system is high. The share of debt securities in banks’ portfolios, which are considered to be high-security investments, is increasing.
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently detonated in Lebanon and Syria, the State Agency for National Security (SANS) announced that no customs..
Vice President Iliana Yotova met with participants of the Third International Traveling Conference "Picturesque Bulgaria: Interdisciplinary Dialogues at Home". The project, held under the auspices of Vice President Iliana Iotova, includes research by..
Bulgarians in North Macedonia need Bulgaria's support, said representatives of the Bulgarian community in Prilep, Struga, Bitola and Kavadarc i. ''Since 2021, when anti-Bulgarian rhetoric has reached indecent levels in North Macedonia, it..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
On Wednesday there will be scattered clouds, which will thicken up in the afternoon. In the Balkan Mountain and the massifs in..
Bulgaria's inclusion in the US Visa Waiver Programme was discussed at a meeting today between Foreign Minister Ivan Kondov and US Ambassador to Bulgaria..
+359 2 9336 661