In 2021, interest rates on loans will remain at last year's levels - 4.5% to 6.5% for consumer loans and between 2.5% and 3.1% for mortgage loans, Tihomir Toshev, Executive Director of Credit Centerconsulting company, forecasted in an interview for BNR.
In his words, liquidity in the banking system is increasing - bank deposits are growing and already amount to EUR 30.67 billion. The loans extended to the population amount to EUR 12.78 billion.
Real estate prices and demand for mortgage loans have not been impacted by the coronavirus crisis, Tihomir Toshev went on to say.
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We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute..
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