Bulgaria's Average Deposit Level to Double by 2008

Published: 26 July 2005 y., Tuesday

The average level of deposits per capita in Bulgaria in 2004 reached EUR 591, a survey of Bank Austria Creditanstalt (BA-CA) revealed.

The survey executed by BA-CA, the owner of Bulgaria's HVB Bank Biochim and Hebros Bank showed that Bulgaria occupies the tenth place among the thirteen countries from Eastern and Central Europe.

The average figures of the deposit levels in the countries from Central and Eastern Europe are EUR 1,331 and BA-CA says that the deposits level in Bulgaria will double to EUR 1,061 in 2008.

The expected increase is explained with stable macroeconomic situation in Bulgaria and with the boost of the average salary in the country.

The BA-CA analysis also says that Bulgaria, Romania and Serbia have a clear tendency of deposit growth as compared to the other countries from Central and Eastern Europe. Still, the deposits level will remain lower than that of the credits allotted in these countries.

Šaltinis: novinite.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

European Protection Order for victims under spotlight by MEPs

Ensuring that women are protected from physical, sexual or psychological abuse if they flee abroad is what lies behind the proposed European Protection Order. more »

Agatha storm lefts thousands homeless

Remnants of Tropical Storm Agatha dumped more rain across Central America, killing at least 73 people in the region, and forcing scores of others to flee their homes. more »

A pained recalling of foot-binding

Ninety-three-year old Lim Guan Siew looks back, with regret, on her experience of the long-dispelled Chinese custom of foot-binding. more »

World No Tobacco Day 2010: the Commission reaffirms its commitment to fight against smoking

Ahead of the 2010 No Tobacco Day (Monday 31st May), the European Commission unveils the results of a Eurobarometer survey which shows that a strong majority of EU citizens support stronger tobacco control measures. more »

Man swims at base of Mount Everest

Enviromentalist and endurance swimmer Lewis Pugh puts his body to the test in thin air and cold water to highlight shrinking glaciers in high mountain ranges. more »

Brazil's Dog Favela

It’s a dog’s life for the 1,500 unwanted strays who spend their days in a slum-like shelters in Brazil’s southern city of Caxias do Sul. more »

Human rights: Thailand, Burma and Pakistan

Three resolutions on the situation in Thailand, the pre-election climate in Burma and religious freedom in Pakistan were adopted by the European Parliament in Strasbourg on Thursday. more »

Chinese schools teach self-defense

Growing numbers of children enroll in kung-fu schools to learn self-defense techniques after a series of school attacks in recent weeks spark wide-spread concern in China. more »

Israeli army: gays "not an issue"

Homosexuality in the military can be a thorny issue around the world, with gay and lesbian soldiers often hiding their sexual preference out of fear. more »

EU seeks rapid ratification of UN Convention on the Rights of Persons with Disabilities

European Commission Vice-President Viviane Reding will urge EU Member States to swiftly ratify the UN Convention on the Rights of Persons with Disabilities during a May 19 Ministers’ meeting in Zaragoza, Spain. more »