Bulgaria: Bad and Restructured Loans Decrease

Businessn.a. ♦ Published: February 12, 2013; 00:08 ♦ (Vindobona)

In the last month of 2012 the annual rate of increase of the monetary aggregate M3 decelerated again (to 8.5%), after in November it accelerated to 10.1%, Raiffeisen Research reports.

Bulgaria: Bad and Restructured Loans Decrease / Picture: © Vindobona.org

Also in contrast to November, the higher base from December 2011 contributed to the lower rate of growth. Three components made comparable contributions to the annual increase of the indicator – deposits with agreed maturity up to 2 years, overnight deposits and deposits redeemable at notice up to 3 months – respectively 2.7 p. p., 2.3 p. p. and 2.3 p. p. Money…