Eurozone membership will offer another benefit. Because of the expiring derogation, banks must allocate capital for purchasing Bulgarian government securities in euros and for holding euro deposits at ...

Bulgaria’s central bank, the National Bank of Bulgaria (BNB), issued a strongly negative position on the proposed draft budget for 2025 on December 11, citing the significant increase in state ...

This year we are in very good financial health – the banking system in Bulgaria is stable, liquid, very well capitalised and with decreasing levels of bad loans, and all its indicators are above the ...

Combining a traditional, rule-based exchange arrange-ment with legal and structural measures that addressed pressing banking sector and fiscal issues, it was well designed for the task at ...

The Bulgarian economy has embarked on a recovery path in early 2024 aligned with the moderate pick-up of activity in the eurozone. During the last 30 years the World Bank has provided $3.3 billion in ...

Bulgarian banks have sensed the huge potential of the booming real estate market and are gradually entering this segment. The local unit of Raiffeisenbank has been among the first to tap to this ...

The Bulgarian National Bank (BNB) has adopted a new regulation outlining the framework for providing emergency liquidity support to solvent banks once Bulgaria joins the Eurozone.As the ...