Bulgariaʼs non-govʼt deposits growth speeds up in September

Photo by FOXARTBOX/Shutterstock.com
Deposits of Bulgariaʼs non-government sector rose by an annual 9% to BGN 89.8 billion (EUR 45.9 billion) at the end of September, following an 8.9% growth rate at the end of August, the central bank (BNB) said.
Deposits of households increased by an annual 7.9% to BGN 58.2 billion at the end of September.
Loans to Bulgariaʼs non-government sector increased by an annual 5.9% to BGN 64.3 billion (EUR 32.9 billion) at the end of September, following an annual rise of 6.1% at the end of August. Loans to households rose by an annual 7.5% to BGN 25.1 billion (EUR 12.83 billion), it said.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.