Bulgaria non-govt deposit growth slows in Jan
Photo by Yeti studio/Shutterstock.com
Deposits of Bulgaria’s non-government sector rose by an annual 7.9% to BGN 84.1 billion (EUR 43 bln) at the end of January, following a 9.7% growth rate at the end of December, the Bulgarian National Bank (BNB) says.
Photo by Yeti studio/Shutterstock.com
Deposits of households increased by an annual 8.0% to BGN 55.8 bln at the end of January.
Loans to Bulgaria’s non-government sector increased by 9% year-on-year to BGN 62.9 bln (EUR 32.2 bln) at the end of January, following an annual rise of 9.3% at the end of 2019, the central bank added.
Loans to households rose by an annual 10% to BGN 24.1 bln, while loans to non-financial corporations totaled BGN 4.1 bln, up 43.6%, BNB said on February 25.
Motor Fuel Prices Fall Below Avg in Neighboring Countries
China-Hungary Cooperation 'Story of Continuous Friendship', ...
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.
