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Sep 25, 2023 12:45 EEST
September 25 (SeeNews) - The deposits of Bulgaria's non-government sector grew by an annual 10.4% in August to some 121.8 billion levs ($66.2 billion/62.3 billion euro), following a 10.8% year-on-year increase in July, the central bank said on Monday.
At the end of last month, the value of non-government deposits was equivalent to 65.2% of Bulgaria's gross domestic product (GDP) projected for 2023, the Bulgarian National Bank (BNB) said in a monthly report on monetary indicators.
At some 75.5 billion levs at the end of August, household deposits were 9.8% higher on the year after rising by 9.9% in July.
Deposits of non-financial corporations at the end of the review month amounted to a little over 42.1 billion levs, or the equivalent of 22.5% of the forecast 2023 GDP. They added 11.2% in annual terms last month, compared to a yearly growth of 13.2% in July.
(1 euro = 1.95583 levs)
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