Forecast: Savings will bring more returns – Savings

Forecast: Savings will bring more returns – Savings

More than two-thirds of the financial sector in our country expect interest rates on deposits in all currencies to continue to grow. This indicates an inquiry by the Ministry of Finance to representatives of commercial banks, pension companies, investment intermediaries and management companies. Compared to the previous edition, the balance sheet values ​​are slightly lower, … Read more

The first deposit with an interest rate of 10%. per year. What awaits savers in 2023? [31.12.2022]

The first deposit with an interest rate of 10%.  per year.  What awaits savers in 2023? [31.12.2022]

According to analysts, from the point of view of savers, the changes in the deposit market are no longer clearly positive. Several institutions are trying to tempt us with the promise of an interest rate above 8% and one of the banks has offered a deposit with an interest rate of 10%. per year. However, … Read more

BNB with a forecast for interest rates on loans and deposits – Loans

BNB with a forecast for interest rates on loans and deposits – Loans

The trend of rising interest rates in the Eurozone should quickly transfer to interest rates in Bulgaria, which will lead them to increase both on loans and deposits in our country. The BNB predicts this in its edition of the Economic Review. In the non-financial corporate sector, the weighted average interest rate reached 0.91% in … Read more

The best is behind us. Banks have almost stopped raising interest rates on deposits

The best is behind us.  Banks have almost stopped raising interest rates on deposits

“Banks continued to improve their deposit supply in October, but the rise in interest rates was the lowest since November 2021.“- Oskar Sękowski and Bartosz Turek of HRE Investments point out in Wednesday’s publication. The increase in the average interest rate on the best deposits and savings accounts from 6.83% to 6.89% is far from … Read more

Borissov has slightly increased his savings, Kiril Petkov announced over one million levs abroad

Borissov has slightly increased his savings, Kiril Petkov announced over one million levs abroad

Former Prime Minister and GERB leader Boyko Borissov has slightly increased his savings compared to 2019, while other members of the previous cabinet have increased their deposits or bought new cars. The property status of some of the ministers in the caretaker cabinet is also impressive – the Deputy Prime Minister and Interior Minister Boyko … Read more

Cuba banks to stop accepting US dollars

Cuba banks to stop accepting US dollars

Cuban banks will temporarily stop accepting US cash deposits – – This decision was made as a result of the economic blockade by Washington, the Central Bank of Cuba explained. In Cuba, banks from June 21 will no longer accept US dollars in cash for crediting to customer accounts. This was announced yesterday by the … Read more

The court arrested millions of dollars of banker Yatsenko

The court arrested millions of dollars of banker Yatsenko

Photo: Vladimir Yatsenko / Facebook Volodymyr Yatsenko was released on bail in the amount of more than UAH 52 million – – The arrest was also imposed on 1/2 of the shares of corporate rights in the authorized capital of three enterprises owned by Yatsenko’s common-law wife, Yevgeny Krivenko. The Appeals Chamber of the Supreme … Read more