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

Poll: 63% of Bulgarians say increasing arms supplies to Ukraine is a 'bad idea'

Ukrainian optimism clashes with European scepticism ahead of the NATO summit, with divisions emerging over defence spending and how the war will end. These are the conclusions of a report based on a new survey by the European Council on Foreign..

published on 7/3/24 3:28 PM

People in northern Greece thank Bulgarian fire-fighters for their help

Under the program of the European Civil Protection Mechanism, 240 firefighters from 4 countries arrived in Greece to help their Greek colleagues, the Bulgarian Fire Protection Directorate has reported. Due to the high temperatures..

published on 7/3/24 11:53 AM

US Embassy in Sofia invites the new patriarch to reception on the occasion of the 4th of July

The newly elected Bulgarian Patriarch Daniil attended a reception at the US Embassy on the occasion of Independence Day, BGNES reported. The head of the Bulgarian Orthodox Church was invited by Ambassador Kenneth Merten to attend the..

published on 7/3/24 11:12 AM