Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian National Bank warns of risks for Bulgarian banks

Photo: Archive

A sharp increase in the prices of fuels and raw materials and possible disruptions in their regular supply can affect economic activity, affect the ability of borrowers to service their loans and subsequently lead to an increase in bad loans and asset impairments

The Bulgarian National Bank (BNB) warned about this in the new issue of its quarterly newsletter "Banks in Bulgaria".

The banking regulator reminds that, along with this, a trend towards a global change in the interest rate cycle has emerged, as the increase in interest rates can affect the financial condition of loan borrowers and increase the cost of servicing loans.



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

Bulgaria’s Ministry of Foreign Affairs calls on Bulgarian citizens in Iran to leave the country

Bulgaria’s Ministry of Foreign Affairs calls on Bulgarian citizens in Iran to leave the country immediately due to the escalation of tensions in the Middle East, the Situation Center announced on the Foreign Ministry’s website. Bulgarian citizens in..

published on 10/3/24 9:41 AM
Defense Minister Atanas Zapryanov

Atanas Zapryanov describes as fake news the reports about terrorist threats against BiH from Bulgarian territory

Bulgaria’s Minister of Defence Atanas Zapryanov described as fake news the reports about terrorist threats against Bosnia and Herzegovina (BiH) from Bulgarian territory. ''Bulgaria contributes to the peace and security of Bosnia and Herzegovina by..

published on 10/3/24 9:21 AM

Bulgaria Air cancels flights to and from Israel until October 15

Due to the official recommendation of the European Commission and the European Union Aviation Safety Agency (EASA), Bulgaria Air has canceled all flights to and from Israel until October 15, the national carrier announced on its website. The measure..

published on 10/3/24 8:55 AM