Bulgaria Banking & Financial Services Q4 2018
A favourable macroeconomic backdrop should support solid growth in Bulgaria's financial services sector, which hasbeen in recovery since the collapse of a major lender in 2014. The non-bank financial sectors lack scale, and while this providesroom for long-term growth, competition from other EU markets will limit the rate of expansion over the forecast period. Regulatoryimprovements in line with EU requirements have helped restore stability, and efforts to join the Eurozone should continue to pushstandards higher.
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