Bulgarian Banker Proposes Ban On Fast Credit Ads
A Bulgarian banker proposes a ban on the ads for fast credits.
In an interview for a Bulgarian-language daily, the chairperson of the oversight board of Procredit Bank, Petar Slavov, said the ads motivating undue consumption, should be banned.
“There is no much difference between the cigarette ads and those for fast credits,” Slavov said. “Those ads are harmful to the society.”
According to him, the banks are in debt to society and it was absurd to attract clients with promises of low interest rates, which increase after a certain period. “This does not bring development to the financial sector, neither to economy, nor to society,” Slavov said.
- » Next month's pensions will be paid between May 8th and May 21st
- » Bulgarian PM: Countries of the Western Balkans have to Show Their Will For Development
- » The Airports in Varna and Burgas Expect over 5 Million Passengers this Summer
- » The Bulgarian Branch of Lidl Introduces New Kielbasa and Sausage Standards
- » The Debt of Bulgaria for 2017 Amounts to BGN 25,064 Million
- » Removal of Illegal Establishments in Sunny Beach Continues