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

Profit of Bulgaria’s banking system exceeds EUR 500 million

Photo: library

The profit of the Bulgarian banking system exceeded EUR 500 million, data of the Bulgarian National Bank for August show. In August 2016 the results of the stress tests of the country’s banking system were announced. The profit of the Bulgarian commercial banks in the first 8 months of 2016 is EUR 150 million higher than the one registered in the same period last year, BNB summarizes. This was mainly due to the fact that less money was spent on impairment of loans. The capital adequacy and liquidity remain at a very high level. BNB also announced that the credit portfolio increased insignificantly. Bank deposits have continued to grow despite the low interest rates.




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

Kiril Petkov

"We Continue the Change" insists on prime minister equally distant from all parties

In the government negotiations, a red line for "We Continue the Change" (PP) will be the figure of the Prime Minister. The formation continues to insist on having a prime minister equally distant from all parties.  The party's co-chairman Kiril Petkov..

published on 12/18/24 12:20 PM
Borislav Gutsanov (L) and Kostadin Kostadinov (R) speaking from the parliamentary rostrum

BSP and Vazrazhdane oppose a project for a ten-year military cooperation agreement with Ukraine

"BSP - United Left" and "Vazrazhdane" opposed the notification submitted by caretaker Premier Dimitar Glavchev regarding the upcoming signing of an Agreement on Security Cooperation between Bulgaria and Ukraine for the next 10 years. BSP MP..

published on 12/18/24 11:26 AM
GERB leader Boyko Borissov

GERB leader Boyko Borissov expresses optimism about the talks on forming a government

There are chances for the formation of a regular government. Speaking to journalists, GERB leader Boyko Borissov said that the negotiations are going well so far.  "The more we keep silent, the better", Boyko Borissov noted and expressed optimism..

published on 12/18/24 9:52 AM