site.btaHousehold Deposits Up 12.7% Y/Y

At the end of August 2025, deposits of households and NPISHs (non-profit institutions serving households) increased by 12.7%, 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 95.417 billion (43.5% of GDP) at the end of August 2025, increasing by 12.7% compared to the same month of 2024 (12.2% annual growth in July 2025).

At the end of August 2025, deposits of the non-government sector were BGN 148.579 billion (67.7% of GDP), increasing annually by 11.8% (10.8% annual growth in July 2025). Deposits of non-financial corporations stood at BGN 49.173 billion (22.4% of GDP) at the end of August 2025. Compared to the same month of 2024 they increased by 9.9% (7.8% annual growth in July 2025).

In August 2025, deposits of financial corporations increased by 13.9%, year-on-year, (14.1% annual growth in July 2025) and at the end of the month they were BGN 3.989 billion (1.8% of GDP).

At the end of August 2025, the total deposits of the non-government sector stood at BGN 148.579 billion (67.7% of GDP), increasing annually by 11.8% (10.8% annual growth in July 2025).

One of the reasons for the accelerated growth of deposits in Bulgaria is the country’s upcoming accession to the euro area as of January 1, 2026.