Household deposits are now BGN 81,560 billion.
at the end of March 2024. They increased by 11.5% compared to the same month of 2023, with 10.8% annual growth in February 2024.
At the same time, loans withdrawn from citizens amounted to BGN 40.071 billion.and compared to the same month of 2023, they increased by 17.5% (17.1% annual increase in February 2024).
At the end of March 2024, housing loans amounted to BGN 20.932 billion and grew by 22.7% on an annual basis (22% annual increase in February 2024). Consumer loans amounted to BGN 17.437 billion and increased by 13.2% compared to March 2023.
What will happen to the interest on the loans
However, firms save much less than households, BNB data show. Business deposits were BGN 43.326 billion (21.9% of GDP) at the end of March 2024. In a year, they increase by a modest 5%.
Deposits of financial enterprises decreased by 12.3% on an annual basis and at the end of the month they reach BGN 3.868 billion.
Loans to companies grew by 8.2% per year and are now over BGN 45 billion.
Loans taken by Employers and self-employed individuals increased by 9.3% on an annual basis in March 2024 (6.7% annual increase in February 2024) and at the end of the month were BGN 472.2 million.
For more financial news and other useful tips about your personal finances, you can follow us on Facebook or Google News Showcase