Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian National Bank to introduce moratorium on bank loan payments

The Bulgarian National Bank is to come up with criteria for public and private moratoriums on bank loan payments. The decision will be based on criteria developed by the EU Single Banking Authority, the BNB said. The measure aims to limit the economic and financial damage caused by the COVID-19 pandemic. In line with International Financial Reporting Standard, loans will be classified based on their default risk and schemes will be sought for their rescheduling and restructuring over time. On this basis, the BNB will allow commercial banks in Bulgaria to further develop their actions to curb the adverse effects of the COVID-19 pandemic on their customers





Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Minister of Labour and Social Policy Ivaylo Ivanov

One out of five Bulgarians has received help from the European Social Fund

One out of five Bulgarians has received support from the European Social Fund during the past 7 years, caretaker Minister of Social Affairs Ivaylo Ivanov said at the "Europe is with me" forum, organized by the "Human Resources..

published on 9/18/24 11:46 AM
Minister Zapryanov

Bulgarian caretaker Minister of Defense participates in B9 Summit in Bucharest

Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum takes place in Bucharest.  Minister Zapryanov spoke on Tuesday evening with his Romanian..

published on 9/18/24 10:41 AM
Gordana Siljanovska-Davkova and Rumen Radev

North Macedonian foreign minister refused meeting with his Bulgarian counterpart in Sofia

The visit of North Macedonian President Gordana Siljanovska-Davkova was on the occasion of a cultural event - the visit of the National Opera and Ballet of North Macedonia to Sofia, and did not have the character of a state, official..

published on 9/18/24 9:50 AM