Home loans almost halve over three months
Bulgarias new home mortgages dropped almost in half in JulySeptember, compared to the previous quarter, central bank statistics show. Banks gave 6406 new loans worth 620 million leva from July to September, compared to 12 165 worth 761.7 million leva for the three months before that.Lenders have put lending plans on the back burner and are cutting down in all segments amid brisk consumer demand and growing appetite for cash, bankers have said.
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