Bulgarian banks generated EUR 490 million by March 31, representing a 7.7% increase from the previous year, according to the Bulgarian National Bank. At the end of March, the banking system’s balance-sheet equity was EUR 15.1 billion, marking a rise of EUR 82 million, or 0.5%, from the end of December 2025. Impairment charges on financial assets not measured at fair value through profit or loss totaled EUR 149 million at the end of March, an increase from EUR 64 million in the corresponding period of 2025.
For the first quarter of 2026, the banking system’s assets reached 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 (compared to a liquidity buffer of EUR 35.1 billion and net outflows of EUR 12.5 billion as of December 31).
Total gross loans and advances reached EUR 79.3 billion at the end of March, 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 overall 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.
Loans 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. 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%, while those from non-financial corporations grew by EUR 330 million, or 1.2%.
Topics: #eur #million #end
Solid growth figures for the Bulgarian banking sector this quarter.