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Bulgaria's non-govt deposits growth slows to 7.2% y/y at end-June

Author Mario Tanev
Bulgaria's non-govt deposits growth slows to 7.2% y/y at end-June tanatat/Shutterstock.com

SOFIA (Bulgaria), July 24 (SeeNews) - Deposits of Bulgaria's non-government sector rose by an annual 7.2% to 79.7 billion levs ($45.4 billion/40.8 billion euro) at the end of June, down from a 8.6% annual rise at the end of May, the central bank, BNB, said.

Deposits at the end of June were equal to 68.9% of Bulgaria's estimated gross domestic product in 2019, BNB said in a statement on Tuesday.

Deposits of households increased by an annual 8.2% to 53.1 billion levs at the end of June.

Deposits of non-financial corporations totalled 23.2 billion levs, up by 2.6% year-on-year, while deposits of financial corporations added 28.2% to 3.4 billion levs.

(1 euro = 1.95583 levs)

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