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The war in Ukraine does not affect housing loans in our country.

The data of the Central Bank for March show again growth in lending and insignificant changes in credit conditions.

The trend of growth in housing lending remains in the last month, which is reported by the official statistics of the BNB.

In March, commercial banks granted nearly 46% more housing loans to households than in the same period last year.

Compared to a month earlier, the growth is also significant.

Nearly 35 percent - from 150 to nearly 590 million levs.

According to BNB statistics, the decrease in the average interest rate on housing loans in March was by 0.14%, and in the annual percentage rate of charge by 0.19% compared to a year earlier.

The average interest rate on which new loans are granted is 2.6 percent.

Consumer loans also grew in March by about 40% for the last year.

The monthly increase is nearly 20 percent, BNR notes.

The BNB will not tighten lending further

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