Send to KindleInternational Personal Finance Plc, a U.K. lender that makes unsecured loans to low-income households in central and eastern Europe and Mexico, may start operating in Bulgaria this year.
"Ukraine and Bulgaria are our top priorities," Chief Executive Officer John Harnett said in a telephone interview for Bloomberg agency. "Our focus is on emerging markets and we are trying to find markets that are moving into the growth phase."
International Personal Finance typically makes loans of 200 pounds to 500 pounds at interest rates of as much as 25 percent, Harnett said.
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In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
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In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape
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