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The Bulgarian National Bank foresees an Accelerated Increase in Interest Rates

The process of raising interest rates in┬áBulgaria will accelerate in the coming months, the BNB predicts in the traditional publication “Banks in Bulgaria”. The Central Bank warns that there are prerequisites for the accumulation of risk in the balance sheet of the banking system. The banking sector operates in conditions of high inflation and considerable uncertainty, writes the analysis of the “Banking Supervision” department of the BNB for the last quarter of last year. …