Bulgaria's non-govt deposit growth slows in Sept
Photo by Valentin Ivantsov / Shutterstock.com
The deposits of Bulgaria's non-government sector increased by 11.8% year-on-year in September, reaching BGN 100.3 billion (EUR 51.3 billion), after growing by an annual 12% in August, the central bank said on Tuesday.
The deposits of households increased by 10.9% year-on-year in September, reaching BGN 64.5 billion.
Meantime, loans to Bulgaria's non-government sector increased an annual 7.6% in September, reaching BGN 69.2 billion (EUR 34.9 billion), following an annual rise of 7.5% in August.
Loans to households rose 11.8% yr/yr to BGN 28.1 billion at the end of September, the bank said
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.