Bulgaria's non-govt borrowing up 7.5% y/y at end-Aug

Bulgaria's non-govt borrowing up 7.5% y/y at end-Aug

Loans to Bulgaria's non-government sector increased by 7.5% year-on-year in August, reaching 68.3 billion levs ($41.0 billion/34.9 billion euro), following an annual rise of 7.2% in July, the central bank, BNB, said on Thursday.

The value of loans at the end of August was equivalent to 53.2% of gross domestic product planned for 2021, the BNB said in a statement.

Loans to non-financial corporations amounted to 35.8 billion levs at the end of August, up 4.2% on an annual comparison basis.

Loans to households rose by an annual 11.5% to 27.8 billion levs at the end of August, while loans to financial corporations totalled 4.8 billion levs, up 9.9% on the year.


Bulgaria's non-govt deposit growth speeds up to 12% y/y in Aug

The deposits of Bulgaria's non-government sector increased by 12% year-on-year in August, reaching 99.5 billion levs ($59.7 billion/50.9 billion euro), after growing by an annual 11.8% in July, the central bank, BNB, said on Thursday.

At the end of August, the value of deposits was equal to 77.5% of Bulgaria's projected 2021 gross domestic product, the BNB said in a statement.

The deposits of households increased by 10.9% year-on-year in August, reaching 64 billion levs.

The deposits of non-financial corporations totalled 31.3 billion levs at the end of August, up by an annual 13.5%, while deposits of financial corporations went up 18.3% to 4.2 billion levs.


Bulgaria's M3 money supply growth speeds up to 13.6% y/y in Aug

Bulgaria's M3, the broadest gauge of money supply, rose 13.6% on the year to 122 billion levs ($73.1 billion/62.4 billion euro) in August, compared to an annual growth rate of 13.4% a month earlier, the central bank said on Thursday.

The narrowest measure of money supply, M1, added 20.7% year-on-year, reaching some 93.6 billion levs in August, following a 19.8% annual rise in July, the Bulgarian National Bank (BNB) said in a statement.

Net foreign assets increased by an annual 14.9% in the month under review, reaching 73.8 billion levs, while net domestic assets rose by 8.7% to 71.8 billion levs.

Details follow:

end-Aug (mln levs) end-Aug y/y pct change end-July y/y pct change M3 122,007 13.6 13.4 M1 93,576 20.7 19.8 M2-M1 28,431 -5.0 -3.0 Net foreign assets 73,805 14.9 13.9 Net domestic assets 71,849 8.7 9.6

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.