Send to Kindle
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!
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
Sofia residents who have dutifully paid their local taxes for the year 2024 have collectively pocketed a substantial sum, saving a remarkable BGN 4,678 million by April 14
Inflation in Turkey soared to a staggering 68.5% year-on-year in March, according to data released by the Turkish Statistical Institute Turkstat
Ukraine's Prime Minister Denys Shmyhal announced on Friday that the country has obtained a $1.5 billion tranche from the World Bank program
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
