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

Bulgarians abroad will be able to vote in 720 polling stations

The deadline for submitting advance applications to vote abroad for the upcoming early parliamentary elections on October 27 has expired. It is expected that about 720 polling stations will be opened outside Bulgaria , and the exact number will be..

published on 10/2/24 3:25 PM
Caretaker Minister of Internal Affairs Atanas Ilkov and Deputy Minister of Foreign Affairs Elena Shekerletova at a briefing in the Council of Ministers building, October 2, 2024.

Measures of state institutions after the escalation in the Middle East

We firmly condemn Iran's continued missile strikes against Israel, we support the regional stability and security of the State of Israel, says a position of the Bulgarian Ministry of Foreign Affairs uploaded on the X network. Due to the tension..

published on 10/2/24 1:41 PM
Израелски въздушни удари в Южен Ливан, 01 октомври 2024 г.

David Avishai from Israel: Tel Aviv acted in Gaza and Lebanon for good reason

With two flights of the government Airbus in two days, the Bulgarian state managed to evacuate 169 Bulgarians and their families from Lebanon after the escalation of tensions there. "Thank God we're back, " says one of the Bulgarians with..

published on 10/2/24 12:33 PM