Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

BNB registers EUR 250 million in profits by commercial banks

Photo: library

Bank profits stood at over half a billion Leva (250 million euro) at the end of May, Bulgarian National Bank data indicate. Banks’ profits are up by 28 million euro compared to the first five months of last year. However, the credit portfolio has shrunk by 0.1 percent. Credits taken out by households are up, whereas corporate credits are down and this pushes this index down. Deposits by households are still on their way up, though at a slower rate. The level of liquid assets within the system is high. The share of debt securities in banks’ portfolios, which are considered to be high-security investments, is increasing.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Warm and cloudy with rainfalls in the mountains

On Friday it will be cloudy, as in the afternoon cloudiness will be significant. There will be precipitation in some places, as in the south-western massifs and in the south-eastern areas of the country it will be intense. The..

published on 9/19/24 6:50 PM

60% of Bulgarians declare confidence in the European Union

The majority of Bulgarians declare stable trust in democratic models, in the European Union and  in the democratic world  in general . This is shown by the results of a survey by the sociological agency "Gallup International" conducted between..

published on 9/19/24 6:05 PM

Migration pressure along Bulgaria's borders has decreased by 71%

Illegal migration across Bulgaria's borders has decreased by 71% in the first eight months of 2024 compared to the same period of 2023. These data were presented by the head of the Border Police, Anton Zlatanov, at a meeting of the..

published on 9/19/24 5:33 PM