Text size

Citizens and companies increase savings amidst Covid-19 crisis

published on 8/25/20 6:51 PM

Photo: Archive

At the end of July 2020, the deposits of the non-governmental sector amounted to EUR 44.94 billion. The amount is 79.1 percent of the GDP. The annual increase in deposits is 8.4%, according to the Bulgarian National Bank.

Deposits of non-financial enterprises amounted to EUR 13.59 billion at the end of July 2020. Compared to the same month of 2019, they register an increase by 10%.

Deposits of financial enterprises increased by 8.9 percent and reached 1.95 billion euros.

Deposits of households and non-profit institutions serving households amounted to EUR 29.40 billion or 51.8 per cent of GDP, increasing by 7.7% on an annual basis.

Loans to households amounted to EUR 12.67 billion or 22.3 per cent of GDP and also increased by 7.7% compared to a year earlier.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Bulgarian National Bank deposits

More from category

Bulgarian company awarded with gold license for investment project in Egypt

On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..

published on 1/3/25 1:24 PM

Expected deficit at the end of last year exceeds €3 billion

Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..

published on 1/3/25 9:24 AM

Which currencies will be most sought after by Bulgarians in 2024?

The two most sought-after currencies by Bulgarians in 2024 remain the US dollar and the euro, just as in 2023. The Turkish lira, the Romanian leu and the Serbian dinar were also very popular, followed by the British pound and the Swiss franc. This was..

published on 1/2/25 3:08 PM