Mutual Funds in the Republic Of Bulgaria – Are They an Alternative to Deposit Products for Bank Costumers Cover Image

Договорните фондове в Република България – алтернатива ли са на депозитните продукти за банковите клиенти
Mutual Funds in the Republic Of Bulgaria – Are They an Alternative to Deposit Products for Bank Costumers

Author(s): Gergana Petrova
Subject(s): Economy, Financial Markets
Published by: Институт за знание, наука и иновации ЕООД
Keywords: mutual funds; deposit products; savings

Summary/Abstract: Over time, the products offered by the Banks in Bulgaria have covered different consumer tastes and risk strategies. But with a decrease in interest rates on credit products, banks were “forced”in the procing process to reduce and subsequently deposit products. For the bank customer, however, this led to an attempt to change the stereotype of thinking and a charge in the investment strategy of households. Thrift as a feature of the Bulgarian people’s psychology predetermined the view of investments in mutual funds

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