Bulgarian Households Made Bank Savings Amounting to 126 Million Levs in May

In the month of May, Bulgarian households made bank savings amounting to 126 million levs. The sum is greater than the deposits made in April, which amounted to only 33 million levs and it grows after it fell in each of the first four months of the year. The trend for the growth of household deposits is retained in line with the low interest rates of deposits. 

The deposits of households increased by 0.31 % on a monthly and 3.8 % on an annual basis, investor.bg informs. The growth rate has accelerated compared to April, when the monthly increase amounted to only 0.1 %. At the end of May, the Bulgarian population held more than 40.5 billion levs in accounts in commercial banks, which amounted to 48.3 % of the foreseen Gross Domestic Product (GDP) for 2015.