Bulgarian Banks Keep Reducing Savings Interest Rates in April

Business » FINANCE | May 22, 2014, Thursday // 14:29
Bulgaria: Bulgarian Banks Keep Reducing Savings Interest Rates in April File photo.

Bulgarian banks continue to lower interest rates on savings products and to improve, mainly through new promotions, the consumer loans and credit cards conditions.

According to an analysis of MoitePari.bg for April 2014, there has been an improvement in the conditions for housing and mortgage loans, as banks mainly focus on cutting back fees, Bulgaria's National Radio informs.

The total exposure of fast loan companies by end-March shows that the achieved level of approved loans remained almost the same compared to a year earlier.

The level of non-performing fast loans has been almost unchanged during the same period.

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Tags: savings products, consumer loans, credit cards, housing, mortgage loans, fast loan companies
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