Credit card

Bulgaria's central bank on Friday warned of a scam involving potential misuse of personal data.

The Bullgarian National Bank (BNB) said that it has been tipped about unknown individuals making unsolicited phone calls, claiming to work as BNB employees and offering credit cards at preferential terms.

The volume of defaulted credit card and consumer loan debts reached 15.1 billion Turkish Liras ($5 billion) in July, according to figures from Turkey's banking watchdog. 

Defaulted credit card and consumer loan debts rose by 14.5 percent and by 20 percent, respectively, since the beginning of the year, according to data from the Banking Regulation and Supervision Agency (BDDK). 

The Turkish government plans to ease consumer loan conditions to revive the declining domestic demand just ahead of the upcoming elections, according to a report in daily Hürriyet.

n this vein, banking watchdog BDDK has been asked to prepare a revision to extend payment terms in consumer loans from 36 months to 48 months, sources said. 

Greek travelers will be able to take 2,000 euros (or equivalent in another currency) in cash, but the limit does not apply to foreign nationals.

Shipping companies can make cash withdrawals of up to 50,000 euros per day while abraod. A relevant banking committee can approve a daily limit for withdrawals so that the business needs of different companies can be met.

The Hellenic Bank Association (HBA) issued guidelines for capital controls in Greece. Here are 10 banking facts that borrowers should bear in mind:

Since the capital controls stormed into the everyday lives of ordinary Greeks it took us some time to adjust and find our footing. How to go about the mundane tasks of withdrawing some cash to visit the supermarket, or pay the private school for the kids etc. But to paraphrase the saying a little ‘necessity is the mother of inventiveness’.

Greek banks will remain closed until next Monday, with what comes next being anyone’s guess. The daily withdrawal limit remains at 60 euros per account.

While the Greek crisis won’t affect tourists, Greeks abroad – either on vacations or studying – are trapped as Greek banks interpret capital controls in different ways.

Thousands of Greek people are facing a serious cash crisis after the daily cash withdrawal limit from the country's ATMs was restricted to just 60 euros per day and the use of credit cards was frozen until June 7.

The level of the economic crisis being experienced at the moment is beyond what they imagined when they voted in January, electing the radical left coalition of Syriza. 

After talks in Brussels broke down in acrimony, there were recommendations and warnings made by countries to their nationals traveling to Greece.

United States: