Bulgaria National Bank releases indicators for February

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The Bulgarian National Bank’s (BNB) recently
released monetary, deposit and credit indicators for February show that figures for broad money experienced a slight dip for annual growth compared to January.

 

In the end of February, the BNB’s figure
for broad money was $43 billion, or 83.2 percent of the GDP, and
represented an annual growth of 7.3 percent, according to a BNB announcement. Comparatively, in January the
figure was at $43.2 billion, amounting to 83.1 percent of the GDP and 7.6
percent annual growth.

 

The recently released data also included
information about deposits for February 2017, with non-government sector
deposits hitting $37.3 billion and 71.8 percent of the GDP, representing 7.1
percent annual growth. Non-financial corporation deposits amounted to $10.4 billion, or 20 percent of the GDP, and experienced a 7.9 percent annual
growth.

Deposits of financial corporations were $2 billion,
representing 4 percent of the GDP and a 15.5 percent annual growth. Household
and NPISH deposits hit $24.8 billion, or 47.8 percent of the GDP, which translates
to a 6.1 percent annual growth.

 

Net domestic assets amounted to $26.5 billion, a 4.2 percent decrease from February 2016.



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