Zornitsa Bankina, CEO of Debt Collection Agency EAD (DCA), in her capacity as a member of the Board of Directors of the Association for Debt Management, attended the annual congress of FENCA. The Federation of European National Collection Associations (FENCA) represents the interests of European companies in the field of debt collection and management, coordinates...

Household debt in Bulgaria has been growing faster than wealth, according to the annual Allianz Global Wealth Report. By the end of last year the total household debt had reached 31 billion euros, up by 18% on the year. In recent years, household lending, especially mortgage lending, has registered significant increases. Bulgarians, however, are still...

Sofia, 18 September 2025 – The two leading debt management companies in the country – EOS Matrix EOOD and Debt Collection Agency EAD (DCA) – are announcing a strategic partnership in a key project to acquire a portfolio of receivables with a nominal debt of over BGN 1.7 billion. If the project is implemented, it...

Bulgaria is joining the eurozone as one of the countries with the lowest debt levels, both in terms of public debt and household debt, which will have a positive impact on the debt indicators of the countries in the currency union using the single European currency. This is shown by data from Eurostat and 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...

Debts of Bulgarian households are increasing at the most rapid pace since the years before the global financial crisis, according to the latest Allianz Global Wealth Report. According to the study the liabilities of Bulgarian households in 2023 increased by 13.6% compared to the previous year.  At the same time, the net financial assets (shares,...

Debt Collection Agency EAD (DCA), one of the leading debt purchasers and debt collection companies in Bulgaria, appointed a new management.    Yulia Yurgakieva, the current CEO, has stepped down after three years at the helm and a total of more than 10 years service in the management, during which time she has been instrumental in...

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...

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...