16:06

27.07.17

1 min.

Corporate Loans in Bulgaria More Expensive

Standartnews |

Corporate Loans in Bulgaria More Expensive

(Sofia July 27, 2017) The banks in Bulgaria have set higher interest rates on the big corporate loans.


In June 2017, the average annual interest rate on corporate loans up to EUR 1 million was 3.43%, while in May it was 3.13%, the central bank has said.
The average interest rate on corporate loans bigger than EUR 1 million went up from 3.39% in May 2017 to 3.87% in June.


Regarding the small corporate loans in BGN, the increase is from 4.18 to 4.25 per cent a year.


Since the beginning of 2017, only the average annual interest on small corporate loans in EUR has dropped to 3.61%.
At the same time, the average annual interest rate on corporate deposits has been going down slowly but steadily since the beginning of this year.



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