Bulgaria's Households Saved BGN 138 M in May

Business » FINANCE | June 24, 2014, Tuesday // 14:52
Bulgaria: Bulgaria's Households Saved BGN 138 M in May File photo.

Bulgaria's households increased their bank savings by BGN 138 in May, shows data of the Bulgarian National Bank (BNB). 

This is about three times less than the money saved in April, which had reached BGN 371 M. 

Since January 2014 the households' savings grew by a total of BGN 1.356 B and as of the end of May the total reached BGN 39.062 B. 

It posted a 10.6% increase year-on-year. 

BNB notes a slight increase in the household credits. The money lent to the private citizens has reached BGN 18.61 B, which is a 0.3% year-on-year. The consumer credits reached BGN 7.335 B in May. In the same month the home mortgages amounted to BGN 8.887 B.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Finance » Be a reporter: Write and send your article
Tags: bank, savings, households, credits

Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria