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.
Vinprom-Troyan organizes Open Bottle Days from September 21 to 23. The initiative is part of the Bulgarian Plum Festival 2024, of which the company is a traditional partner. The winery will open its doors to festival visitors interested in learning..
Sofia’s urban subway system has proved to be among the most liked in Europe. The Sofia Metro was ranked the second best in Europe, surpassed only by Oslo, according to Euronews. The study was conducted by the luggage storage company..
Bulgaria’s Ambassador to North Macedonia Zhelyazko Radukov refused to accept the protest note regarding the absence of North Macedonia’s flag at the meeting between the presidents of Bulgaria and North Macedonia, the Ministry of Foreign Affairs and..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum..
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