site.btaHousehold Deposits Surpass BGN 100 Bln Mark

Deposits held by households in the Bulgarian banking system have surpassed the BGN 100 billion mark. At the end of November 2025, deposits of households and household-serving non-profit institutions were BGN 100.881 billion (45.9% of GDP), increasing by 15.8% compared to the same month of 2024 (13.8% annual growth in October 2025), the Bulgarian National Bank (BNB) wrote on its website on Tuesday.

Deposits of non-financial corporations were BGN 48.619 billion (22.1% of GDP) at the end of November 2025. Compared to the same month of 2024 they increased by 8.9% (10.7% annual growth in October 2025). Deposits of financial corporations increased by 19.6% annually in November 2025 (31.3% annual growth in October 2025) and at the end of the month they were BGN 4.592 billion (2.1% of GDP).

Overall, deposits of the non-government sector totalled BGN 154.092 billion (70.2% of GDP), increasing annually by 13.6% (13.2% annual growth in October 2025).

In the latest update of its macroeconomic forecast, the BNB assumes that the annual growth of non-government-sector deposits will accelerate to 15.7% by the end of 2025. According to Bulgaria's central bank, the accelerated growth will be mainly due to more intensive depositing of available Bulgarian money into the banking system in the lead-up to the country's planned accession to the euro area on January 1, 2026, for the purpose of having that money converted into euro.

Some commercial banks have announced zero bank fees during a specific period of time in 2025 when receiving deposits in Bulgarian leva via cash desks or ATMs. Such deposits will be automatically converted into euro after the country joins the euro area, the BNB said.