Bulgarian National Bank

Bulgaria's Central Bank Releases in Circulation a Gold Commemorative Coin

From 10th of December 2018, the Bulgarian National Bank releases in circulation a gold commemorative coin 'St.Phony Martyr Stefan' from the series Bulgarian iconography. It will be sold at the BNB teller desks for BGN 860, reports BNT. 

From today until December 12, anyone can buy up to two coins, after which there will be no limitations of the number of coins one can purchase.

For the First Time in Bulgaria Interest on Business Deposits has a Negative Return

In the last two years interest rates on deposits in the banking market in Bulgaria have steadily declined, and in 2016 for the first time they have fallen below 1%. October brought a new record in this direction as for the first time in Bulgaria a negative return on deposits was reported, according to money.bg

Bulgarian PM: Talk About some "Catastrophic Collapse of Investment" Shows Ignorance

The talk about some "catastrophic collapse of investments" is rather ignorance of data, Prime Minister Boyko Borissov wrote on Facebook, citing revised data on foreign direct investment, released by the Bulgarian National Bank (BNB), reports Focus News Agency. 

Bulgaria: Medieval Bulgarian Rulers Series Continues with Latest Coin in Tribute to Tsar Ivan Asen II

The Bulgarian National Bank has issued (17th September) the fifth entry in a series of coins entitled "Medieval Bulgarian Rulers," which has been issued intermittently since 2011. The latest coin features the Bulgarian ruler Ivan Asen II (circa. 1193-1241) who became emperor of the Bulgarian lands in 1218 and ruled until his own death in 1241.

The Bulgarian National Bank Lowered its Forecast for Growth to 3.9%

The Bulgarian National Bank (BNB) has lowered its forecast for economic growth this year from 4.2% to 3.9%, according to the Economic Review.

Thus, the central bank forecast coincides with that of the government, which also expects growth of 3.9%. Last year the country's economy grew by 3.6%.

Assets of Resident Investment Funds in Bulgaria Rise

SOFIA (Bulgaria), August 21 (SeeNews) - The assets of resident investment funds in Bulgaria increased by an annual 17.6% to 1.37 billion levs ($805.8 million/700.5 million euro) at the end of June, the Bulgarian National Bank (BNB) said on Tuesday.

The assets of resident investment funds rose by 2% compared to the end of March, the central bank said in a press release.

Claims of Bulgarian Leasing Companies on the Rise

SOFIA (Bulgaria), August 15 (SeeNews) - Bulgarian leasing companies' claims under financial and operational leases have increased by an annual 11.1% to 3.86 billion levs ($2.2 billion/1.85 billion euro) at the end of June, the Bulgarian National Bank (BNB) said on Wednesday.

Compared to the end of March, claims were 6.2% higher, BNB said in a statement.

Bulgaria's Bank Lending Growth Speeds up

SOFIA (Bulgaria), August 8 (SeeNews) - The value of Bulgarian banks' outstanding loans to the non-government sector rose 5.9% on the year to 53.3 billion levs ($31.6 billion/27.3 billion euro) at the end of June, from 4.0% annual growth at the end of the previous quarter, Bulgarian National Bank (BNB) data showed on Wednesday.

Bulgaria's Gross Foreign Debt falls 4.2% y/y in May

SOFIA (Bulgaria), July 30 (SeeNews) - Bulgaria's gross foreign debt fell by an annual 4.2% to 32.8 billion euro ($38.4 billion) at the end of May, the central bank said.

The gross foreign debt was equivalent to 62.1% of the projected 2018 gross domestic product (GDP), down from 67.9% of GDP at the end of May 2017, the Bulgarian National Bank said in a statement on Friday.