Bulgaria's non-govt deposits up 9.5% y/y in Jan

At the end of January, the value of non-government deposits was equivalent to 64.3% 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 10.9% on the year to roughly 80.1 billion levs, while deposits of financial corporations rose by 3.1% to 4.3 billion levs, compared to an annual decline of 11.6% in December.

At some 42.97 billion levs or 21.7% of this year's projected GDP, deposits of non-financial corporations at the end of last month were 7.6% higher in annual terms and 1.4 percentage points lower than their yearly growth in December.

(1 euro = 1.95583 levs)