The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
The oligarchy is attacking me, because Bulgaria entered the Eurozone’s waiting room and they cannot benefit from the banking system as before, Bulgaria’s Premier Boyko Borissov says in an interview for the German newspaper Allgemeine Zeitung. The..
The stability of the Bulgarian banking system is proven with the results of the stress tests made by the European Central Bank in six banks, an announcement of the Bulgarian National Bank reads. Follow-up action related to the further strengthening of..
The stress tests of the Bulgarian banking system have suggested the need of corrections of 1.3 percent of bank assets. This amounts to the total of 665 million leva (close to 333 million euro). The Bulgarian National Bank (BNB) has said that the..
