May 25 (SeeNews) - Loans to Bulgaria's non-government sector grew by 11.9% year-on-year in April, at the same pace as a month earlier, reaching 82.87 billion levs ($45.67 billion/42.37 billion euro), the central bank said on Thursday.
The value of non-government loans at the end of April was equivalent to 46.9% of Bulgaria's gross domestic product (GDP) projected for 2023, the Bulgarian National Bank (BNB) said in a monthly monetary statistics report.
Loans to non-financial corporations grew by 7.9% on the year to 41.89 billion levs last month, showing an unchanged growth rate from March.
At the same time, loans granted to financial corporations went up by 27.3% in annual terms to 6.53 billion levs, up from a 26.8% climb recorded in March.
Household loans reached 34.44 billion levs at the end of April, up 14.3% on the year. The value of household loans was equivalent to 19.5% of the GDP forecast for 2023, the BNB said.
Out of the total household loans, those for house purchases climbed by 17.6% yearly to 17.28 billion levs, while consumer loans added 11.7% to 15.56 billion levs.
(1 euro = 1.95583 levs)