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...

Bulgaria has recorded the largest decline in non-performing loans (NPLs) among the counties in Central, Eastern and Southeastern Europe (CEE and SEE) in the first half of 2023, according to the latest report, published by Vienna Initiative, a financial stability monitoring and coordination body in the region, set out by the European Bank for Reconstruction...