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

Justice for All rallies against Chief Prosecutor selection process

The "Justice for All" initiative is organising a flashlights-lit protest this evening in front of Sofia Courthouse against the procedures for electing a Prosecutor General and a President of the Supreme Administrative Court, carried out by the Supreme..

published on 12/18/24 8:15 AM

Open-air ice rink opens in Burgas

A 400-square-meter ice rink opens in Troikata Square in the seaside city of Burgas at 6:30 p.m today. Organizers also offer the opportunity to use the services of an instructor who would guide people on how to safely skate on the ice...

published on 12/18/24 8:05 AM

Cool morning and a warm day for the season

On Wednesday , the lowest temperatures in Bulgaria will be between 0 and 5°C; in Sofia - about 0°C. Sunny weather will prevail during the day, with temporary increases in cloudiness in the afternoon. There will be moderate..

published on 12/17/24 6:50 PM