Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria's Default Bank Loans Hit 16%
Date: 25/08/2010
Bulgaria's Default Bank Loans Hit 16%

The default bank loans in Bulgaria have reached 16% by the end of July, according to data from Bulgaria’s Central Bank, BNB.

The total amount of the so-called bad loans is estimated at BGN 6.2 B and went up by BGN 334 in the month of July, compared to BGN 198 M June, 2010. The record of BGN 424 M, however, was registered in April, 2010.

According to the data, corporate default loans top the list (17%), followed by consumer loans (16%) and mortgages (14%).

The total amount of loans in Bulgaria in July is about BGN 51 B (75% of the Gross Domestic Product) with an annual increase of 2.4%. Households have BGN 19 B of them. In June the amount was BGN 51 B.

By the end of July bank deposits were BGN 41 B and about the same in June, 2010. Of them BGN 26 B belong to households.

The annual increase of deposits – July 2010 compared to July 2011 is 8.4%.

Topic: Financial

Featured District
Invest Bulgaria Charts
Exports of Goods and Services of Bulgaria
Exports of Goods and Services of Bulgaria

Foreign assets of Bulgaria
Foreign assets of Bulgaria

See all charts
Did You Know?
Hristo Stoichkov
Hristo Stoichkov
Hristo Stoichkov scored 6 goals in the World Cup of 1994 and led Bulgaria to the semi-finals ... More

Stara Zagora Region is rich in  thermal mineral springs with a large number of spas and health centers to facilitate the use of the healing waters. The rich soils of the Region make it ideal for productive agriculture and food processing.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members