Bulgaria's banks earn 1.6 billion euros in nine months, up 12.3%
The Bulgarian banking system's profit at the end of September was 12.3% higher than a year earlier, central bank data show. Assets, loans and deposits are also growing.
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Bulgaria's banking system made a profit of 1.6 billion euros by the end of September 2026. That is 177 million euros, or 12.3%, more than a year earlier, according to data from the Bulgarian National Bank (BNB) reported by news agency BTA. At the same time, impairment costs rose 54% to 382 million euros.
Banks' assets grew by 3.4 billion euros (2.8%) in the third quarter to 124.4 billion euros. Gross loans and advances rose 0.9% to 83.8 billion euros, and deposits 2.3% to 103.6 billion euros.
Loan quality is improving slightly: gross non-performing loans fell by 28 million to 2.2 billion euros, and their share stands at 2.59% after 2.65% in June. The liquidity coverage ratio is 263.1%, against a legal minimum of 100%.