There is a serious increase in non-performing loans , show new BNB data - for the first quarter of the year, cited by "Sega".
The growth is more than 10%. While for the last quarter of 2023, loans overdue for more than three months totaled BGN 3.85 billion, now the amount is BGN 4.27 billion.
This is another signal that there is a dangerous overheating in the credit market in Bulgaria - especially in housing loans. In contrast to what is happening throughout Europe, interest rates on home mortgages remain extremely low in our country, which leads to a continuing boom in borrowing.
In January - March, the annual credit portfolio of the banking system increased by 2.7 billion. leva, surpassing 100 billion for the first time. left. The main credit for this record goes precisely to households - their loans grew by BGN 1.8 billion.