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Bulgarian National Bank
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- 1Bulgarian National Bank Warns Bank Tax Could Raise Credit Costs▼BNB Warns Bank Tax Could Raise Cost of Credit
The Bulgarian National Bank has warned that a proposed tax on banks could end up raising the cost of credit for businesses and households. According to the central bank, taxing the banking sector may lead lenders to pass the additional burden on to customers through higher interest rates and fees, potentially tightening access to financing. The warning adds to ongoing debate over fiscal measures affecting the country's financial sector.