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Bulgaria's non-govt deposit growth speeds up in Jan

Banking

Photo by Vitoria Holdings LLC/Shutterstock.com

Deposits of Bulgaria's non-government sector rose by 11.9% year-on-year in January, to BGN 94.1 billion (EUR 48.1 billion), after growing by 9.7% on the year in December, the country's central bank (BNB) said on Tuesday.

Deposits of households increased by 10.5% yr/yr in January, reaching BGN 61.6 billion. Loans to Bulgaria's non-government sector meanwhile increased an annual 4.6% in January, reaching BGN 65.7 billion (EUR 33.6 billion), BNB added.

Loans to households rose 6.3% year-on-year to BGN 25.6 billion in January. 

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