Investment management

Bulgarians Favor Savings Over Investment: Only 5% of Assets in Financial Markets

Bulgarians allocate a significant portion of their savings to deposits, with 73% of their assets held in this form. In contrast, citizens across the European Union invest 36% of their assets in financial markets. Bulgarians are more conservative in their investment choices, with only 5% of their assets directed toward financial markets, while 20% are invested in pension and insurance products.

Pandemic Wasn’t Bad for All – Worlds’ Richest Added New Billions to Their Wealth

The year 2020 was critical for the whole mankind in terms of health fears, as well as concerns over personal wealth, Reuters reported. However, the world crisis was not equally bad for everyone. The world's wealthiest have managed to explore the opportunity caused by the Covid-19 turmoil and added new billions to their bank accounts.

Bulgarian Government Increases the Capital of the Fund of Funds

At today's regular meeting, the government approved changes to the budget of the Ministry of Finance for 2020 to increase the capital of the Fund of Funds with a cash contribution of BGN 375,000. The increase of the capital of the company will be carried out by issuing new registered shares with a nominal value of BGN 1 each.

'Turkish House' in Davos aims to increase investment opportunities

A "Turkish House" has been set up at the venue of the World Economic Forum (WEF) in Davos, Switzerland in a bid to promote investment opportunities in Turkey.

It was launched under the guidance of the Treasury and Finance Ministry in coordination with the Banks Association of Turkey.

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