Bulgaria's non-govt deposits growth slows to 8.5% in Feb

At the end of last month, the value of non-government deposits was equivalent to 64.5% of Bulgaria's gross domestic product (GDP) projected for 2024, the Bulgarian National Bank (BNB) said in a monthly report on monetary indicators.

Household deposits grew by 10.8% on the year to some 80.8 billion levs, whereas deposits of financial corporations edged up by 0.5% to 3.84 billion levs, against an annual increase of 3.1% in January.

Deposits of non-financial corporations at the end of the review month amounted to a little over 43 billion levs, or the equivalent of 21.7% of the forecast 2024 GDP. They added 5.1% in annual terms last month, compared to a yearly climb of 7.6% in January.

(1 euro = 1.95583 levs)