Rising inflation rate and a new global crisis threaten the recovery. This is the main concerns of people in the EU, according to the survey Financial Wellbeing Barometer. At the time of writing, the Russian invasion of Ukraine has very much clouded the near-term outlook of the European economy. Germany, Austria and Switzerland are the...

The majority of the chief financial officers (CFOs) in Central and Eastern Europe expect increase in the price of loans this year, according to the results of the annual Deloitte Central Europe CFO survey. The survey is held among more than 600 CFOs from 15 countries and reflects their sentiment and expectations for the economy...

In February, for the first time in years, the inflation rate in Bulgaria reached double digit – the cost of living is 10% per year. Inflation is projected to continue at a similar pace and even increase in the next few months. This inevitably affects the personal finances of all of us, and when you have...

Interest in indsutrial real estate in Bulgaria continues to grow and the market is recovering from the shock of 2020. This observation was shares by Viktor Baramov, Director of “Corporate and Secured Claims Division” in “Debt Collection Agnecy”, part of B2Holding, during the discussion “The real estate market and the valuation business”. The meeting of...

The level of non-performing loans (NPLs) has a slight impact on lending requirements and standards, according to the survey of the European Central Bank (ECB), conducted between 13 December 2021 and 11 January 2022. Banks have been asked about the influence on corporate lending and household’s credits, for the period of whole 2021 and their...

Confidence and the ability to adapt to sudden changes in the world are two essential qualities for success. They are particularly important in the delicate area of ​​debt management, where the consequences of any mistake increase in the future. Driven by our desire to preserve and pass on useful skills and abilities, we at the...

The Norway based B2Holding, owner of “Debt Collection Agency”, increased significantly its financial results in South Eastern Europe, shows the report for the last quarter of 2021. Revenues from the region rose by 30% compared to the same period last year to nearly EUR 16 million and earnings before interests and taxes (EBIT) – by...

Collections and recoveries of the Norway based B2Holding, owner of Debt Collection Agency, exceeded the latest forecast in the fourth quarter of 2021, said Oslo-based financial company. For the period October – December gross collection were EUR 125.7 mln., which is 4% decrease, compared to the same period of 2020. Net revenues of B2Holding were...

Non-performing loans (NPLs) in the Bulgarian banking system decreased in 2021, according to Bulgarian National Bank (BNB) data. Compared to 2020, the share of NPLs has declined in both mortgage, consumer and corporate loans. As an absolute value the increase was only in consumer lending. Thanks to the active granting of new loans, share of...