The European Central Bank (ECB) and the Bulgarian National Bank (BNB) set up a swap line for EUR 2 billion. Under the agreement the Bulgarian National Bank will be able to borrow up to EUR 2 billion from the ECB in exchange for..
The management board of the Bulgarian National Bank has approved a procedure for deferring and settling outstanding liabilities to commercial banks in light of the state of emergency introduced in Bulgaria on March 13, 2020 . According to the document,..
The Bulgarian National Bank has announced that a new debt to the tune of EUR 100 million from the domestic market is to be issued. Unlike the last issue on April 6, when the bonds has a 5 -year maturity period, the new securities will be for 10 and a..
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..
Bulgarian National Bank governor Dimitar Radev stated that the banking system in the country is stable and investors can rest assured that their money has been invested safely, and borrowers – that they can rely on a rescheduling of installments..
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..
The Bulgarian National Bank (BNB) has announced a package of more than 4.6 billion euros that will be earmarked for measures to tackle the effects of the COVID-19 crisis . The aim is to preserve the resilience of the banking system and reduce the..
The Bulgarian government will take on another 5-year debt amounting to EUR 100 million next week. The Bulgarian National Bank has announced that an auction will be held on January 13 for the issuance of new 5-year interest-bearing government bonds..
The Bulgarian National Bank changed its projections about the inflation in 2019. Three months ago BNB forecasted that the annual inflation would reach 2.6%, but now it expects that there is 60% chance that annual inflation will fluctuate between 1.1%..
The Bulgarian National Bank has registered an increase in deposits in the country. In February household savings were in excess of 26.6 billion euro. The annual growth rate of all savings accounts in Bulgaria stands at 9.1 percent and they..
