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

For another month, Bulgarian National Bank lowers the key interest rate in the country

Bulgarian National Bank
Photo: Archive

The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country. As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in the simple annual interest rate. The current interest rate level is the lowest since March 2023, when it was 2.17 percent.

The peak in the increase in the key interest rate in recent years was 3.8% at the end of 2023 and was repeated in March 2024. The key interest rate in Bulgaria, like other countries during the Covid crisis, was at zero for many years, but at the end of September 2022, a series of increases began. The prime interest rate in Bulgaria is applied primarily in calculating the annual interest on liabilities to the budget and is a guideline for commercial banks in granting and 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

Moody’s: Eurozone entry supports Bulgaria’s institutions, but corruption remains challenge

Membership in the European Union and Bulgaria’s upcoming adoption of the euro on January 1, 2026, are supporting the country’s institutions and governance stability, but corruption remains a significant challenge, according to the latest country..

published on 7/28/25 10:28 AM

The government proposes that prices in euros and leva be displayed until the end of 2026

The government has submitted to Parliament a draft bill to amend and supplement the Law on the Introduction of the Euro in Bulgaria. The proposed changes aim to improve the regulatory framework related to the dual display of prices for goods and..

published on 7/22/25 10:42 AM

Bulgaria has the lowest government debt-to-GDP ratio in the EU

The ratio of government debt to gross domestic product (GDP) in EU countries rose to 81.8% at the end of the first quarter of 2025 , up from 81% at the end of the fourth quarter of 2024. This is according to the latest data published today by the European..

published on 7/21/25 5:58 PM