29 May, 2024
Being efficient and adaptable is a key skill for any business. In the debt collection sector, where the situation can change at short notice and information processing is a cornerstone of success, this is even more important. In partnership with consulting companies, specializing in digital transformation, we have implemented technological solutions based on the so-called...
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22 May, 2024
Non-performing fast loans (NPL) increased in absolute value and as a share for the first quarter of the year. At that time it was a weak growth in the total loan portfolio, according to BNB data. In previous quarters increased lending helped keep the NPL ratio to total loans largely flat or slightly down. At...
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15 May, 2024
Europe’s corporate sector plans to cut costs despite growing optimism in the economy, and late payments continue to take a toll on companies. This shows the new European Payment Report (EPR), which summarizes the results of a survey among over 9 000 small, medium and large companies in 25 countries in Europe. Bulgaria is also...
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9 May, 2024
Non-performing bank loans in Bulgaria increased in the first quarter of the year, according to BNB data. In contrast to previous quarters, the growth of lending failed to compensate for the increase in NPL – the share of overdue loans grew and for the second consecutive quarter was over 2% of the total portfolio. Consumer...
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