BNB: Bulgarian Banking System Profit Exceeds BGN 1 B

      Published on Monday, 3 October , 2016      119 Views     

  • Bulgaria Business

The profit of the banking system in Bulgaria exceeded BGN 1 B, showed BNB data for August, reported BNR.

August is the month when the results of the stress tests in the system came out.

The profit of the banking system for the first eight months of the year is BGN 300 M higher than for the same period of2015. The main reason is the decrease in expenditures on the devaluation of credits and payments.

Capital adequacy and liquidity remain at a very high level. BNB also reported a minimum growth of the credit portfolio.

Deposits also continue to grow in spite of decreasing interest rates.

– See more at:

Category Bulgaria Business | 2016/10/03 latest update at 9:00 PM
Source : | Photocredit :
Comments Add comment

БГ Медия - Медия за Българите в Лондон
Bulgarian Business Club

Related Articles

The editorial staff of Bulgarian Business Club would like to give all of its readers from Bulgaria and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bulgarian Business Club with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter or use our RSS feed channel to always read the most important news about Bulgaria.

Sponsored Publications