Bulgarian banks reported earnings of EUR 490 million by March 31, marking a 7.7% increase from the previous year, according to the Bulgarian National Bank. At the end of the first quarter, 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 accrued on financial assets totaled EUR 149 million by the end of March, up significantly from EUR 64 million in the comparable period of 2025.
In the first quarter of 2026, the banking system’s total assets amounted to EUR 119.5 billion, reflecting a 0.3% rise. Liquidity remained robust, with the liquidity coverage ratio standing at 278.6% at the end of March. Total gross loans and advances reached EUR 79.3 billion, a 7% increase month-on-month.
The overall gross loan portfolio stood at EUR 67.6 billion, growing by 4%. Specific lending categories saw increases, including households, which received EUR 1.2 billion, and the general government sector, which saw a 32.4% rise. Total deposits in the banking system reached EUR 99.8 billion at the end of March, representing a 2.5% rise from the end of February
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