Bulgaria has a new largest bank
The Bulgarian National Bank (BNB) has published data on the banking system for July. The latest shift at the top of the ranking of the country's largest financial institutions
The Bulgarian National Bank (BNB) has published data on the banking system for July. The latest shift at the top of the ranking of the country's largest financial institutions
In 2024, banks in Bulgaria reported double-digit growth in their assets
Instant mobile number transfers have gained popularity in 2024
The total profit of Bulgarian banks for the period January – October 2024 reached 1.5 billion euros, according to data of the Bulgarian National Bank (BNB)
The significant growth of wages in Bulgaria in the last two years and people's preferences to invest their free funds mainly in deposits contributed
Artificial intelligence started to enter the Bulgarian banking sector a few years ago, and its most obvious areas of application are in process and sales optimization, customer service and risk assessment
The topic of banking consolidation in Bulgaria came up again last month with unofficial information about the sale of First Investment Bank (PIB)
The Organization for Economic Cooperation and Development (OECD) has advised Bulgaria to introduce additional measures in order to limit the credit boom
Since the beginning of the year, banks in Bulgaria have been tightening the conditions for long-term loans to large enterprises, as well as consumer and housing loans to households