Bank profits stood at over half a billion Leva (250 million euro) at the end of May, Bulgarian National Bank data indicate. Banks’ profits are up by 28 million euro compared to the first five months of last year. However, the credit portfolio has shrunk by 0.1 percent. Credits taken out by households are up, whereas corporate credits are down and this pushes this index down. Deposits by households are still on their way up, though at a slower rate. The level of liquid assets within the system is high. The share of debt securities in banks’ portfolios, which are considered to be high-security investments, is increasing.
On Tuesday, fog will cover many lowlands and valleys. Around midday, visibility will temporarily improve in most areas, except along the Danube and in the western part of the Upper Thracian Plain. Minimum temperatures will be between -2°C and 3°C,..
The Bulgarian Minister of Foreign Affairs participated today in the first regular meeting of the EU Foreign Affairs Council in Brussels for the year. The European diplomats discussed the ongoing Russian aggression against Ukraine, EU-US relations and..
The Bulgarian Embassy in Stockholm is in contact with the Swedish authorities and is closely following the developments in the case, the Foreign Ministry told BTA. The Swedish prosecutor's office said earlier that a Bulgarian ship, the Vezhen, had..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
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