Insurance companies have taken 2.3 billion euro abroad in search of higher yields for their assets.
The money is being transferred mostly to EU countries, the Bulgarian National Bank, BNB announced. The year on year export of insurance capital is 5.4%. The funds managed by insurers in Bulgaria stood at over 4.4 billion euro as of the end of June. The increase in funds over the space of a year is by 320 million euro, or 7.7%. The money insurance companies have invested in Bulgaria amounts to a little over 2 billion euro, or an increase of over 150 million euro over the space of a year, BNB says.
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..
There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
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