Worrying: Bankers Predict Rising Interest Rates for Bulgarian Households

Representatives from several banks attending the "My Money" Expo have forecasted an increase in interest rates on household loans within the next six to twelve months. While this increase has already affected company loans, it is yet to impact households, according to Tatiana Ivanova, Executive Director of "Digitalization, Data, and Operations" at UBB.

The rise in interest rates on loans is gradually becoming more apparent, particularly for business financing....