Valentine’s Day has been a global marketing phenomenon for several decades. However, apart from romance, finances also play an important role in understanding within a couple. Whether you spend a significant amount on dinner and gifts or choose to watch romantic comedies at home, all of this has a financial expression. Different understandings about managing...

Machines, robots, and artificial intelligence (AI) are more capable than ever before and are already changing the world, businesses, and our way of life. Automated systems for processing and analyzing data, as well as predictive models for future development, are becoming increasingly accurate and precise. Just consider what happened on leading stock exchanges a few...

Non-performing loans (NPL) in Europe are rising in absolute value, but as a share of the total credit portfolio their growth is minimal, shows the latest EBA Risk Dashboard data, published by the European Banking Authority (EBA) as of the end of the third quarter of 2024. The report tracks asset quality and risks facing...

Households in Europe are paying their debt and bills more calmly, but they face new challenges, and artificial intelligence (AI) is making permanent inroads into payments, according to the European Consumer Payment Report (ECPR) for 2024. The report covers a survey among 20 thousand adult Europeans in 20 countries on the continent. The cost of...

Debt Collection Agency EAD (DCA) has a new corporate identity that represents the company as it strives to be – a modern and leading debt manager, socially and environmentally responsible and committed to sustainable development, as well as a stable, reliable and trusted partner to business and society. The new identity reflects not only the...

Non-performing fast loans (NPL) have increased their absolute value by 14% year-to-year up to BGN 404.6 million, shows the Bulgarian National Bank’s data in the third quarter of the year. Growth in the new granted loans leads to a decrease in the share of overdue debt in the total portfolio – from 6.7% in September...

The tendency for decrease in the volume of non-performing loans (NPL) in Bulgarian banks, combined with high levels of coverage with impairments, is deepening, according to the latest report of the Bulgarian National Bank (BNB) – “Banks in Bulgaria”, which covers the second quarter of the year.   Liquidity in the banking system remains stable at...

Credit standards remained unchanged for corporate clients, according to the European Central Bank’ (ECB) survey for the third quarter of 2024. This happened after more than two years of consecutive tightening, ECB notes. Credit standards eased for loans to households for house purchases but tightened for consumer credit, the data shows. Housing loan demand rebounded...

Loans to households and businesses in Europe increased by 5.5% in the second quarter of the year compared to the end of 2023, which in absolute value is close to EUR 200 billion, according to a study by the European Banking Authority (EBA) among 162 banks that make up 80% of the sector. The share...