Bulgaria's Households Saved BGN 138 M in May

Finance | June 24, 2014, Tuesday // 14:52|  views

File photo.

Bulgaria's households increased their bank savings by BGN 138 in May, shows data of the Bulgarian National Bank (BNB). 

This is about three times less than the money saved in April, which had reached BGN 371 M. 

Since January 2014 the households' savings grew by a total of BGN 1.356 B and as of the end of May the total reached BGN 39.062 B. 

It posted a 10.6% increase year-on-year. 

BNB notes a slight increase in the household credits. The money lent to the private citizens has reached BGN 18.61 B, which is a 0.3% year-on-year. The consumer credits reached BGN 7.335 B in May. In the same month the home mortgages amounted to BGN 8.887 B.

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Tags: bank, savings, households, credits


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