Gergana Tenekidzhieva

Stricter BNB Regulations in Bulgaria Restrict Home Loans for 10% of Low-Income Applicants

Approximately 10% of individuals who previously qualified for home loans will no longer be eligible under new regulations set by the Bulgarian National Bank (BNB), according to brokers' estimates. This change predominantly impacts those with incomes below the national average. The BNB has implemented stricter conditions for loan approvals by commercial banks.