Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

No extension of loan repayment moratorium expected

Levon Hampartzoumian
Photo: library, BGNES

The moratorium on loan repayments will not be extended for a third time. The end of the health-care part of the problem can be seen on the horizon, banker Levon Hampartzoumian has told bTV.

"But as the medical issues disappears, economic problems continue," Hampartzoumian said. If a company had an unsustainable business, the outcome for it would not be good both in times of a pandemic and without one, the banker added. "People who owe money should communicate with the financial institution they took the loan from. Do not expect banks to start asking for money the day after the end of the loan repayment moratorium. But banks must be convinced that they would receive the money back," Hampartzoumian said. He added that a wave of non-performing loans was not expected.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rosen Zhelyazkov

Prime Minister Zhelyazkov: Referendum on the euro unacceptable

In a statement posted on the Facebook page of the Council of Ministers, Prime Minister Rosen Zhelyazkov said that President Rumen Radev's proposal for a national referendum on the euro was causing confusion in the European institutions.   President..

published on 5/10/25 9:54 AM

Sofia Tech Park is hosting national Rubik's Cube speed-solving tournament

A Rubik's Cube speed-solving competition will be held at the interactive science and technology center of Sofia Tech Park - TechnoMagicLand on May 10 and 11. The event is part of the official calendar of the World Cube Association (WCA) and is..

published on 5/10/25 6:10 AM

President Rumen Radev proposes national referendum on the adoption of the euro

In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly to hold a national referendum.  The question in it is "Do you agree that Bulgaria should..

published on 5/9/25 9:17 PM