site.btaHousehold Deposits Up 11.1%, Loans Surge by 20.5% in April, Y/Y

At the end of April 2025, deposits of households and NPISHs (Non-profit institutions serving households increased by 11.1%, while household loans grew by 20.5%, year-on-year, according to data published by the Bulgarian National Bank (BNB) on its website on Tuesday.

Deposits of households and NPISHs stood at BGN 91.464 billion (42.8% of GDP) at the end of April 2025. They increased by 11.1% compared to the same month of 2024 (11.4% annual growth in March 2025).

Deposits of non-financial corporations were BGN 46.330 billion (21.7% of GDP) at the end of April 2025. Compared to the same month of 2024 they increased by 6% (8% annual growth in March 2025).

Deposits of financial corporations increased by 41.9% annually in April 2025 (18.3% annual growth in March 2025) and at the end of the month they were BGN 4.512 billion (2.1% of GDP).

At the end of April 2025, deposits of the non-government sector stood at BGN 142.306 billion (66.6% of GDP), increasing annually by 10.2% (10.5% annual growth in March 2025).

At the end of April 2025, claims on loans to the non-government sector amounted to BGN 107.338 billion (50.2% of GDP) compared to BGN 106.494 billion (49.8% of GDP) at the end of March 2025. They increased annually by 13.9% in April 2025 (14.8% annual growth in March 2025). The change of loans to the non-government sector was influenced also by net sales of loans by other monetary financial institutions (other MFIs) - their volume for the last twelve months was BGN 131.6 million. On an annual basis, loans sold by other MFIs were BGN 131.6 million (of which BGN 0.3 million in April 2025), while there were no loans repurchases for the last twelve months.

Loans to households and NPISHs were BGN 49.226 billion (23% of GDP) at the end of April 2025. They increased by 20.5% compared to the same month of 2024 (20.7% annual growth in March 2025). At the end of April 2025 loans for house purchases were BGN 27.627 billion and increased by 26.3% annually (26.4% annual growth in March 2025). Consumer loans amounted to BGN 19.697 billion and compared to April 2024 they rose by 14.1% (14.6% annual growth in March 2025). On an annual basis other loans increased by 26.1% (25.2% annual growth in March 2025) and reached BGN 521.6 million. In April 2025, loans to sole proprietorships and partnerships without legal status increased annually by 17% (17.1% annual growth in March 2025) reaching BGN 555.8 million.

In April 2025, loans to non-financial corporations increased by 8.7% annually (9.9% annual growth in March 2025) and at the end of the month amounted to BGN 49.477 billion (23.2% of GDP).

Loans granted to financial corporations were BGN 8.635 billion at the end of April 2025 (4% of GDP). Compared to April 2024, they increased by 9.3% (12.9% annual growth in March 2025).