The volume of issued housing and consumer loans in Bulgaria in the banking sector in the country continues to grow.

According to bourgas.ru, the volume of housing and consumer loans issued in Bulgaria in the banking sector in the country continues to grow.

Data for March 2022 shows that the looming military conflict in Ukraine did not have a negative impact on intentions to take out new bank loans.

The conditions for granting new loans to individuals remain unchanged. Conditions on bank deposits also did not change, with a slowdown in growth rates for another month. The full rating of banking products is published on the website.

Loans to households at the end of March amounted to more than 29.7 billion leva (20.3% of GDP). Compared to the same month in 2021, they increased by 14.1%. At the end of March, housing loans amounted to almost 14.5 billion leva and increased by 18.3% year on year. Consumer loans amounted to more than BGN 13.7 billion and increased by 11.7% compared to March 2021.

The post The growth of loans in Bulgaria in March 2022 first appeared on Burgas and tourist Bulgaria.