Bulgarian National Bank

The BNB Releases into Circulation a Partially Gold-Plated Silver Commemorative Coin ‘100 Years of University of National and World Economy’

From 11 May 2020 the Bulgarian National Bank will release into circulation a partially gold-plated silver commemorative coin '100 Years of University of National and World Economy', BNB reported.

It will be sold for BGN 72 (seventy two levs).

BTA: European Central Bank, National Bank of Bulgaria Set Up Swap Line

The European Central Bank (ECB) and the National Bank of Bulgaria (BNB, the central bank) have set up a swap line to ensure liquidity of up to two billion euros, the BNB said on Wednesday. The line will be in force until the end of 2020 or until needed. The maximum maturity in respect of each withdrawn amount will be three months, BTA reported.

President Radev Discussed Bulgaria's Bid to Join the Euro Area with BNB Governor

Bulgaria's President Rumen Radev met Governor of the Bulgarian National Bank (BNB) Dimitar Radev on February 13. The focus of the meeting was Bulgaria's announced intention to join the Exchange Rate Mechanism II (ERM II), which is the first mandatory step for joining the euro area, BNT reported.

PM Boyko Borissov: Bulgaria to Enter the Euro Zone Waiting Room by the End of April

Bulgaria is expected to enter the euro zone waiting room by the end of April. This was announced on January 28 by Prime Minister Boyko Borissov, who attended the annual meeting of the business with the government, organized by Capital newspaper, BNT reported.

1 Billion BGN is the Profit of the Banks For the First 7 Months of 2019

One billion leva is the profit of the banks for the first seven months of the year, according to BNB data. It increased by BGN 95 million compared to July last year.

About 60% of assets in the banking system are concentrated in the five largest banks, BNB data show. The whole system has seen an increase in the credit portfolio and the portfolio of government securities.

Pages