Europeans expect a decline in their disposable income, an increase in property prices, and a slight rise of inflation, according to the latest European Central Bank’s (ECB) Consumer Expectations Survey conducted in April. Inflation perceptions have not changed over the past 12 months but are expected to increase next year. At the same time, Europeans...

Dear friends and partners, We would like to announce a shift in the management of DCA and the election of two new members to the Board of Directors. After a brief pause, Diyan Assenov returns to the board, having previously held this position from October 2023 to July 2024. Yulyan Assenov has also been elected...

Rising living expenses and reduced incomes are forcing many people to rely on quick loans for everyday purchases such as food, according to surveys conducted in the USA. A study by the consumer lending platform Lending Tree reveals that 25% of their clients use short-term loans for daily shopping needs. This is a sharp increase...

Non-performing fast loans and those in leasing have increased in March, according to data from the Bulgarian National Bank (BNB). In parallel with the growth in lending in both sectors, overdue debts have also increased on an annual and quarterly basis. There is an increase in both value and share of overdue obligations as part...

Almost half of Bulgarians are unable to cope with unexpected expenses, and nearly one-fifth struggle to make their mortgage payments on time, according to an analysis by the Institute for Market Economics (IME) based on data from the National Statistical Institute (NSI). Last year, the share of people living below the poverty line increased to...

Interest rates on corporate loans will fall and banks will actively offer financial resources, predicts the experts of the Bulgarian National Bank (BNB) in their latest Macroeconomic Forecast, published at the end of April. According to the forecast, investments in the private sector will be supported by an increase in final demand for goods and...

European companies are once again concerned about difficulties due to delayed payments, and tens of millions of businesses across the continent are at risk of closing, according to the new European Payment Report (EPR) from one of the leading debt management companies on the continent, published this week. The survey was conducted among the management...

Mortgage lending has created housing problems for many people, primarily young people and city-dwellers, according to a report by the European Central Bank (ECB) on the effects of stricter policies on housing loans in euro area countries. The study examines how mortgage lending tightening has led to rising rents and increased housing market inequality. According...

First decline in mortgage loans in years and a drastic reduction in loans where expenses exceed 50% of monthly income, according to the first report of the Bulgarian National Bank (BNB) since the measures introduced on October 1st. The new credit standards aim to limit mortgage lending. According to the data, the measures are already...