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Lending to households has increased in February, the Bulgarian National Bank has announced. Loans are up by BGN 47M compared to the same month of last year, according to BNR.
Unlike households, lending to businesses, other financial institutions and the state is down in February.
Nonetheless, data concerning households indicate a long-awaited revival of crediting which is paramount to banks
A recent study by the Association for Responsible Non-Banking Lending (AONK) shows that nearly a quarter of Bulgarians have used quick loans at least once in their lives. The findings were presented by the organization’s chairman, attorney Nikolay Tsvetko
Bulgaria’s Parliament has approved changes to the Law on Lending to Students and Doctoral Students, reducing the interest rate on student loans from 7% to 3%
Bulgaria’s public debt has reached 62,771,629,088 leva, and if it were to be settled immediately, each of the country’s 2.8 million households would need to contribute approximately 21,904 leva (around €11,200)
Bulgarians are continuing to borrow unprecedented amounts to purchase property, according to the latest figures from the Bulgarian National Bank
Delyan Peevski, leader of “DPS-New Beginning,” has called for immediate action by Bulgarian institutions to protect citizens from the growing problem of quick loans and easy money traps
About one-third of Bulgarian household spending is directed toward food and non-alcoholic beverages
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
Finance officials and the Bulgarian National Bank have issued a series of warnings about Bulgaria’s fiscal and economic outlook for 2026, highlighting rising pressure on public finances, slower growth, and higher inflation.
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