The Bulgarian National Bank (BNB) has published a new series of questions and answers related to the country’s accession to the eurozone, BNT said on Friday. These questions include: What will happen to a bank client’s remaining obligations/remaining principal on a loan initially taken out in BGN; Will there be a change in the installment on a loan taken out in BGN; Will the interest rate change from the date of the EUR adoption on a loan, if it was agreed at a fixed interest rate; Do clients need to…
Bulgarian National Bank Publishes Answers to Questions Related to Loans, Bank Accounts and Currency Conversion upon Euro Adoption
