Bulgaria's non-govt deposit growth slows, borrowing speeds up

Banking

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Deposits of Bulgaria's non-government sector rose by 11.4% year-on-year at the end of April, to BGN 95.6 billion (EUR 48.9 billion), after growing by 12.2% on the year at the end of March, the country's central bank said.

Deposits of households increased by 11.9% year-on-year at the end of April, reaching BGN 63.5 bln.

Meanwhile, loans to non-government sector increased by 6.1% on year at the end of April, reaching BGN 66.9 bln, following an annual rise of 4.6% at the end of March. In April, loans to households rose by 8.5% to BGN 26.4 bln, while loans to financial corporations totaled BGN 4.5 bln, up 6.6% on the year. 

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