In Bulgaria Register EUR 490 Mln in Profit at End-March, Up 7.7% Y/Y

Bulgarian banks generated EUR 490 million by March 31, marking a 7.7% increase from the previous year, according to the Bulgarian National Bank on Thursday. The banking system’s balance-sheet equity reached EUR 15.1 billion, an increase of EUR 82 million, or 0.5%, compared to the end of December 2025. Impairment charges on financial assets not carried at fair value through profit or loss totaled EUR 149 million at the end of March, up from EUR 64 million in the same period of 2025.

For the first quarter of 2026, the banking system’s total assets amounted to EUR 119.5 billion, an increase of EUR 3.4 billion, or 0.3%. The liquidity coverage ratio at the end of March was 278.6%, up from 280.6% at the end of December 2025. The liquidity buffer stood at EUR 35.9 billion, while net outflows were EUR 12.9 billion (compared to a liquidity buffer of EUR 35.1 billion and net outflows of EUR 12.5 billion as of December 31).

As of the end of March, total gross loans and advances reached EUR 79.3 billion, an increase of EUR 5.2 billion, or 7% month-on-month. Claims on lending institutions rose by EUR 2.6 billion, or 29.2%, to EUR 11.7 billion. The gross loan portfolio, encompassing non-financial corporations, households, other financial corporations, and the general government sector, grew by EUR 2.6 billion, or 4%, to EUR 67.6 billion.

Household loans increased by EUR 1.2 billion, or 4.2%, including EUR 946 million in residential property-secured loans. Total deposits in the banking system at the end of March 2026 were EUR 99.8 billion, up EUR 2.4 billion, or 2.5%, from the end of February. Household deposits rose by EUR 1 billion, or 1.8%, and deposits from credit institutions increased by EUR 950 million, or 10.7%.

Non-performing loans and advances totaled EUR 2.2 billion at the end of March, an increase of EUR 223 million (11.1%) from the end of December 2025.

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