Banking sector profits in Bulgaria reached 1.08 billion euros by the end of July
The banking sector in Bulgaria is reporting record profits, with net interest income growing despite slower growth in fee income.
Banks, loans, interest, inflation, personal finance, and everything related to the movement of money.
The banking sector in Bulgaria is reporting record profits, with net interest income growing despite slower growth in fee income.
The European Commission is proposing a plan to consolidate the banking market. For Bulgarian clients of UniCredit Bulbank, DSK, UniCredit, and Eurobank, this could lead to easier access to financing, but also to new risks during a financial crisis.
The summer months strain the budgets of Bulgarian families due to a combination of seasonal expenses and new currency exchange rules following the adoption of the euro.
The Bulgarian Stock Exchange indices recorded a rise on Tuesday, driven by the positive dynamics of SOFIX and beamX, although trading turnover remains at low levels.
A new survey by the European Central Bank shows that companies anticipate more moderate growth in sales prices and wages, which could limit the inflationary spiral.
International credit agency Moody’s has changed the outlook for Municipal Bank's long-term deposit rating from stable to positive, reflecting the institution's improved profitability and capital resilience.
While over 120,000 young Bulgarians are in debt relations with private enforcement agents, the author of 'Rich Dad Poor Dad' reveals how he used debt as a tool for wealth accumulation.
Optimism regarding a rapid decrease in interest rates is failing. Structural changes in the economy and a tightening labor market are forcing central banks to maintain a strict monetary policy.
According to UN data, nearly one in three people in the world can no longer afford a balanced diet. While calories are cheap, nutrient-rich foods are becoming increasingly unaffordable.
The European Central Bank is closely monitoring energy prices due to the escalation of tensions in the Middle East. Central bank governors warn of a cautious monetary policy.
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