Deposits of Bulgaria's non-government sector rose by an annual 8.9% to 88.8 billion levs ($53.1 billion/45.4 billion euro) at the end of August, following an 8.4% growth rate at the end of July, the central bank, BNB, said on Wednesday.
At the end of August, the value of deposits was equal to 80% of Bulgaria's estimated 2020 gross domestic product, BNB said in a statement.
Deposits of households increased by an annual 7.6% to 57.8 billion levs at the end of August.
Deposits of non-financial corporations totalled 27.5 billion levs, up by 12.2% year-on-year, while deposits of financial corporations added 5.2% to 3.5 billion levs.
Bulgaria's non-govt borrowing growth accelerates to 6.1% y/y at end-Aug
Loans to Bulgaria's non-government sector increased by 6.1% year-on-year to 63.6 billion levs ($38 billion/32.5 billion euro) at the end of August, following an annual rise of 6% at the end of July, the central bank, BNB, said on Wednesday.
The value of loans at the end of August was equivalent to 57.3% of Bulgaria's forecast 2020 gross domestic product, BNB said in a statement.
Loans to non-financial corporations amounted to 34.3 billion levs at the end of August, up by 2.2% year-on-year.
Loans to households rose by an annual 7.4% to 24.9 billion levs, while loans to non-financial corporations totalled 4.3 billion levs, up 38.2%.