Bulgaria non-govt deposit growth speeds up in Dec

MNB

Deposits of Bulgaria’s non-government sector rose by an annual 9.7% to BGN 85.2 billion (EUR 43.6 billion) at the end of December, up from a 8.8% growth rate at the end of November, the country’s central bank said on Friday. At the end of December, the value of deposits was equal to 71.3% of Bulgaria’s estimated 2019 gross domestic product, it said. Deposits of households increased by an annual 8.0% to BGN 55.6 billion at the end of December. Deposits of non-financial corporations totaled BGN 26.5 billion, up by 14.3% yr/yr, while deposits of financial corporations fell 2.4% to BGN 3 billion. (source: BNB)

ADVERTISEMENT

Pandemic has only moderate impact on big companies Analysis

Pandemic has only moderate impact on big companies

Parl't to vote on groundwork for commercial accommodation ra... Parliament

Parl't to vote on groundwork for commercial accommodation ra...

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest re-launches airport shuttle bus City

Budapest re-launches airport shuttle bus

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.