Bulgarians Saved BGN 856 M in Q1 2014

Business » FINANCE | April 25, 2014, Friday // 17:43| Views: 1175 | Comments: 0
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Bulgaria: Bulgarians Saved BGN 856 M in Q1 2014 Bulgarian National Bank. Photo: BGNES

Bulgarian households saved BGN 856 M in the first quarter of this year, shows data of the Central Bank (BNB). 

Compared to Q1 2013, the savings increased by 29.7%. Broken down by months, in January the people put BGN 650 M in the banks, in February – BGN 114 M and in March – BGN 92 M. 

BNB data shows that the private consumption and the business investment activities slowly recover. 

In Q1 2014 the business credits have posted an increase.

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Tags: BNB, savings, private consumption, investment
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