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The week: Reform process stalled, EU warns of rising gov’t expenses, and a great week for business

The week: Reform process stalled, EU warns of rising gov’t expenses, and a great week for business

Can the coalition live up to its promises, DIY photovoltaics and good news for "Made in BG" cargo drones


Bulgaria’s Top 10 Banks in 2021

Bulgaria’s Top 10 Banks in 2021

Capital Weekly ranks financial institutions in terms of stability, profitability and dynamics


Bulgarian banks’ profit rises to 1.4 billion levs in 2021

Bulgarian banks’ profit rises to 1.4 billion levs in 2021

Lower impairment costs, decreased contributions to guarantee funds and the credit moratorium boosted annual profit by 600 million levs


Bulgarian banks’ Jan-Nov profit rises 53% y/y, still below 2019 level

Bulgarian banks’ Jan-Nov profit rises 53% y/y, still below 2019 level

The last 8 billion levs of loans under credit repayment moratorium return to regular servicing


Transport companies Top 20: coronavirus weighs heavily

Transport companies Top 20: coronavirus weighs heavily

Transport is among the top 3 sectors of Bulgaria’s economy affected by Covid-19, with the aviation sector suffering the most


Bulgarian banks’ Jan-July profit rises to 400 mln euro

Bulgarian banks’ Jan-July profit rises to 400 mln euro

Еarnings come from growing credit portfolio, higher income from fees on operations


Bulgarian banks weather stormy year in 2020

Bulgarian banks weather stormy year in 2020

The financial sector got a reprieve for the coronavirus crisis but risks are yet to come in 2021



Coronavirus wipes out half of banks’ profit in 2020

Coronavirus wipes out half of banks’ profit in 2020

Weak lending and COVID-19 measures are to blame. For a second year in a row, Bulgarian banks will skip dividend


A post-COVID economy

A post-COVID economy

What comes after the ups and downs of the Bulgarian pandemic cycle in 2020


The ghost of bad loans in a COVID-hit economy

The ghost of bad loans in a COVID-hit economy

Over 4.65 billion euro worth of loans have received a deferral under Bulgaria's credit moratorium by the end of August


Coronavirus puts pressure on Bulgarian banks

Coronavirus puts pressure on Bulgarian banks

In the second quarter, banks’ profits plummeted due to higher provisions and declining interest and fee income


Mortgage lending did not bend to the pandemic

Mortgage lending did not bend to the pandemic

The overall property loan volume in Bulgaria grew in 2020 as demand remained high even during the pandemic


The pressure below surface

The pressure below surface

Bulgarian banks remained profitable in the first three quarters of 2020 despite the coronavirus impact but with the expiry of the credit moratorium drawing nearer pressure will likely increase on profit margins in the coming months


Bulgaria’s GDP: Nowhere to go but up

Bulgaria’s GDP: Nowhere to go but up

The sharpest economic drop on record was expected to be followed by a quick recovery. The third quarter is not looking so good though.