Text size

"Stand Up BG" calls for cap on bank fees

published on 1/27/25 2:10 PM

Maya Manolova

Photo: BTA

The "Stand up, Bulgaria" citizens' initiative is collecting signatures for the introduction of a cap on bank fees.

The initiative's leader, former ombudsman Maya Manolova, noted that there was already a draft law, submitted by the Bulgarian Socialist Party (BSP) - United Left, which had not yet been considered by the Budget Committee.

The proposed texts suggest that clients of each bank should pay for certain services exactly what they cost the banks to provide. According to Manolova, the methodology for setting prices should be developed by the Bulgarian National Bank (BNB).

"Since the beginning of 2025, banks have started to increase their fees again, with some fee increases of 20 to 40 per cent, affecting deposits, withdrawals, transfers and ATM transactions," Manolova said. The petition is being collected on the pavement in front of the BNB building.

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

Radio Bulgaria News bank taxes cap maya maolova stand uo bulgaria

More from category

Bulgarian wine sector worried about shortage of workers

There is chronic shortage of personnel in the wine sector, producers from Plovdiv say. Fewer young people want to work as technologists. The industry fears that the profession may disappear in the future. Annually, about 250..

published on 2/4/25 3:33 PM

President Radev calls for action against influence on the judiciary

President Rumen Radev participated in the opening of a discussion on the future of the judiciary, which is being held in Sofia. The forum is organized by the Bulgarian Institute for Legal Initiatives. In his speech, the President..

published on 2/4/25 2:50 PM

Bulgaria's Ministry of Interior to combat vapes containing narcotic substances

Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized Crime is working on identifying websites selling vapes with drugs. "They are looking for a..

published on 2/4/25 11:06 AM