site.btaBanking System’s Profit Up 5.2% at End-May, Y/Y - Central Bank

As of May 31, the profit of Bulgaria’s banking system amounted to BGN 1.6 billion, an increase of BGN 78 million, or 5.2%, compared to the first five months of 2024, the Bulgarian National Bank said.

Net interest income increased by BGN 27 million (1.2%) year-on-year to BGN 2.3 billion at the end of May. Net fee and commission income rose by BGN 61 million, or 9.5%, to BGN 702 million.

As of May 31, the banking system's assets amounted to BGN 197.7 billion, with a monthly increase of BGN 1.2 billion, or 0.6%. 

The liquidity coverage ratio at the end of May was 260.4% compared to 254.9% at the end of April. The liquidity buffer was BGN 54 billion, and net liquidity outflows were BGN 20.8 billion (BGN 52.3 billion and BGN 20.5 billion, respectively, as of April 30).

Total gross loans and advances at the end of May amounted to BGN 131.1 billion, an increase of BGN 3 billion, or 2.3%. Claims on credit institutions marked an increase by BGN 2 billion, or 15.1%, to BGN 15 billion. The gross loan portfolio grew by BGN 820 million, or 0.7%, to BGN 115.7 billion.

Loans to households increased by BGN 828 million, or 1.6% (of which by BGN 605 million for loans collateralized by residential immovable property). Loans to other financial corporations went up by BGN 131 million, or 1.4%. Loans to the general governments sector increased by BGN 9 million, or 1.1%.

At the end of May, total deposits in the banking system amounted to BGN 166.9 billion, an increase of BGN 1.1 billion, or 0.6%, compared to the end of April. Household deposits increased by BGN 883 million, or 0.9%. Deposits of non-financial corporations also went up by BGN 571 million, or 1.2%, and those of credit institutions increased by BGN 50 million, or 0.4%. Deposits of the general governments sector went up by BGN 45 million, or 1%, while deposits of other financial corporations decreased by BGN 487 million, or 10.5%. 

The total equity in the balance sheet of the banking system as of May 31, 2025, was BGN 24.2 billion, an increase of BGN 315 million, or 1.3%, compared to the previous month.