Bulgarian banks reported earnings of EUR 490 million by March 31, representing a 7.7% increase year-over-year, according to the Bulgarian National Bank. At the end of the quarter, the banking system’s balance-sheet equity reached EUR 15.1 billion, a slight rise of 0.5% or EUR 82 million from the end of December 2025. Impairment charges accrued on financial assets totaled EUR 149 million by the end of March, compared to EUR 64 million in the corresponding period of 2025.
In the first quarter of 2026, total banking system assets amounted to EUR 119.5 billion, an increase of 0.3%. Liquidity remained strong, with the liquidity coverage ratio measured at 278.6% by the end of March. Regarding lending, total gross loans and advances stood at EUR 79.3 billion, marking a 7% rise month-on-month.
The gross loan portfolio expanded by 4% to EUR 67.6 billion. Loan distribution saw households receive EUR 1.2 billion, and the general government sector received EUR 254 million, representing a 32.4% increase. Deposit figures also increased, with total deposits reaching EUR 99.8 billion by the end of March, up 2.5% from the end of February.
Household deposits rose by EUR 1 billion, while deposits from credit institutions increased by EUR 950 million. Conversely, deposits from other financial corporations saw a decline of EUR 390 million, or 15.5%. Concerning risk, gross non-performing loans and advances at the **end
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