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Bulgaria's non-govt deposit growth slows in Oct

Banking

Graphic by Myvector / Shutterstock.com

The deposits of Bulgaria's non-government sector increased by 11.3% year-on-year in October, reaching BGN 100.7 billion (EUR 51.5 billion), after growing by an annual 11.8% in September, the central bank said on Tuesday.

The deposits of households increased by an annual 10.4% in October, reaching BGN 65 billion.

Loans to non-government sector, meanwhile, rose by 7.9% yr/yr in October, reaching BGN 70 billion, following an annual rise of 7.6% in September.

In October, loans to households increased by 12.1% on year to BGN 28.4 billion. 

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