Expansion of Agricultural Banking After 1895
By 1895, the agricultural banks in Bulgaria had greatly expanded their activities. Their number of transactions increased, and their role
Difficulties During the Russo-Turkish War
During the Russo-Turkish War, many of the early agricultural banks suffered serious losses. Officials of the Turkish Government removed large
National Agricultural Bank, Sofia
Early Efforts to Support Rural Credit In 1863, Midhat Pasha, who was the Governor of the Danubian Vilayet, prepared an
Banknotes in Circulation
The banknotes that are actually in circulation are divided into seven different series. These series were created to meet the
Liabilities of the Bulgarian National Bank
The liabilities of the Bulgarian National Bank show how its financial resources were distributed and how it met its obligations.
Steady Growth of the Bulgarian National Bank
Steady Growth of the Bulgarian National Bank As the operations of the Bulgarian National Bank expanded, its progress became stronger
Improvement of the Political Situation
After a difficult period, the political situation in Bulgaria improved quickly. The country soon returned to normal life. As stability
Growth of Trade and the Need for Banking Reform
By 1883, trade in Bulgaria had begun to recover and grow. Economic activity increased, and more people needed banking services.
Banking Institutions in Bulgaria
Banking institutions have played an important role in the economic development of Bulgaria. Among them, the Bulgarian National Bank holds
Shipping Activity on the Danube and the Black Sea
This section compares maritime traffic on the Danube River and the Black Sea. It shows how shipping was divided between