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

Commercial banks in Bulgaria have 5 days to decide on payment moratoria

Photo: capital.bg

Bulgaria's central bank BNB has adopted the guidelines approved by the European Banking Authority for private moratoria on payments in light of the Covid-19 crisis. Payment moratoria are seen as an effective tool to address short-term liquidity difficulties for clients. Many businesses and citizens now experience difficulties resulting from the impact of the COVID-19 pandemic. Therefore, the BNB wants commercial banks to propose, within 5 working days, a common draft with rules regarding moratoria on payments. The rules should not interfere with the maintenance of commercial banks' capital liabilities, the BNB informs.




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

With a declaration against corruption, PP-DB ask for support to form a cabinet

"We Continue the Change - Democratic Bulgaria" (PP-DB) coalition has published its "declaration for getting out of the political crisis in Bulgaria" . The coalition has requested support for the declaration from 160 MPs in parliament so they could..

published on 7/16/24 9:20 AM

Firefighting continues in Bulgaria, the critical point is Stara Zagora

The 12 km perimeter of the big fire north of the city of Stara Zagora has been cordoned off , the regional governor Metodi Markov said. There are currently six outbreaks of the fire. A concentration of equipment is expected by midday, with two army..

published on 7/16/24 8:57 AM

Kazanlak celebrates national heroes Vasil Levski and Hadzhi Dimitar

On the occasion of the 156th anniversary of the death of Hadzhi Dimitar and his company of Chetnik rebels, and the 187th anniversary of the birth of Vasil Levski, the Municipality of Kazanlak is holding several events.  On 16 July, the Chudomir..

published on 7/16/24 7:05 AM