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. As of the end of March, the banking system’s balance-sheet equity reached EUR 15.1 billion, an increase of EUR 82 million, or 0.5%, from the end of December 2025. Impairment charges on financial assets not carried at fair value through profit or loss totaled EUR 149 million by the end of the month, up from EUR 64 million recorded in the same period of 2025.

For the first quarter of 2026, the banking system’s 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% (compared to 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 (up from a liquidity buffer of EUR 35.1 billion and net outflows of EUR 12.5 billion as of December 31).

At the end of March, total gross loans and advances totaled 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%, reaching EUR 11.7 billion. The total gross loan portfolio grew by EUR 2.6 billion, or 4%, to EUR 67.6 billion.

Lending to non-financial corporations increased by EUR 1 billion, or 3.5%, and to the general government sector by EUR 254 million, or 32.4%, reaching EUR 67.6 billion. Household loans rose by EUR 1.2 billion, or 4.2%, including EUR 946 million in residential property-secured loans. Total deposits in the banking system stood at EUR 99.8 billion at the end of March, up EUR 2.4 billion, or 2.5%, from the end of February.

Household deposits increased by EUR 1 billion, or 1.8%, and deposits from credit institutions rose by EUR 950 million, or 10.7%. Deposits from the general government sector increased by EUR 494 million, or 26.7%. Conversely, deposits from other financial corporations saw a decline of EUR 390 million, or 15.5%.

Gross non-performing loans and advances at the end of March were EUR 2.2 billion, an increase of EUR 223 million (11.1%) compared to the end of December 2025.

Topics: #eur #million #end