April 23 (SeeNews) - The deposits of Bulgaria's non-government sector climbed by 8.3% year-on-year in March to some 128.8 billion levs ($70 billion/65.9 billion euro) after rising by an annual 8.5% in February, the central bank said on Tuesday.
At the end of March, the value of non-government deposits was equivalent to 65% of Bulgaria's forecast 2024 gross domestic product (GDP), the Bulgarian National Bank (BNB) said in a monthly report on money supply.
Household deposits went up 11.5% on the year to roughly 81.6 billion levs, while deposits of financial corporations fell by 12.3% to 3.87 billion levs, compared to an annual increase of 0.5% in February.
At some 43.3 billion levs or 21.9% of this year's projected GDP, deposits of non-financial corporations at the end of last month were 5% higher in annual terms and 0.1 percentage points lower than their yearly growth in February.
(1 euro = 1.95583 levs)