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Bulgarians Rely on Small Loans to Splice the Ends
Loan demand marks steady 24-month drop
(Sofia, May 20) - Loan demand in Bulgaria has decreased by BGN 434 million in the last two years, according to information of the Central Bank. Consumer loans totaled BGN 18.92 billion toward the end of March 2011, compared to 18.493 billion at the end of March this year, which is a drop of 2.3%. Albeit slowly, consumer loan demand has been decreasing steadily in the last 24 months. The main ...Read
Loan demand marks steady 24-month drop
(Sofia, May 20) - Loan demand in Bulgaria has decreased by BGN 434 million in the last two years, according to information of the Central Bank. Consumer loans totaled BGN 18.92 billion toward the end of March 2011, compared to 18.493 billion at the end of March this year, which is a drop of 2.3%. Albeit slowly, consumer loan demand has been decreasing steadily in the last 24 months. The main ...Read
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