site.btaBanking System's Profit Up 3.9% to BGN 2.8 Bln as of End-September, Y/Y

As of September 30, 2025, the profit of the banking system was BGN 2.8 billion or BGN 107 million (3.9%) more compared to the profit for the first nine months of 2024, the Bulgarian National Bank reported on Friday.

In the third quarter of 2025, the banking system’s assets increased by BGN 8.2 billion (4.1%) to BGN 210.1 billion at the end of September. Gross loans and advances grew on a quarterly basis by BGN 2.2 billion (1.7%) to BGN 133.9 billion. Claims on credit institutions decreased by BGN 2.5 billion (17.7%) to BGN 11.6 billion.

The gross loan portfolio2 of the banking system increased by BGN 4.6 billion (3.9%) to BGN 122.1 billion. The increase was mainly in loans to households3 – by BGN 3 billion, or 5.7%, including by BGN 2.2 billion for loans collateralized by residential immovable property. An increase by BGN 831 million or 1.5% was registered in the loans to non-financial corporations, by BGN 429 million or 4.6% to other financial corporations, and by BGN 329 million or 38.9% to the general governments sector.

In the third quarter of 2025, the deposits in the banking system grew by BGN 7.6 billion or 4.4% and reached BGN 178.2 billion at the end of September. Deposits of households increased by BGN 4 billion or 4.2%, those of non-financial corporations increased by BGN 3.7 billion or 7.5%, and those of credit institutions grew by BGN 782 million or 4.8%. Deposits of the general governments sector decreased by BGN 815 million or 17.3%. Those of other financial corporations shrank by BGN 140 million or 3%.

Gross non-performing loans and advances amounted to BGN 3.85 billion at the end of September (BGN 3.94 billion at end-June). Their share in the total gross loans and advances decreased to 2.87% (2.99% at end-June). The net value of non-performing loans and advances (after deducting their inherent impairment) was BGN 1.79 billion at the end of September (BGN 1.95 billion at the end of June). Its share in the total net value of loans and advances decreased to 1.37% (1.52% at the end of June).

The total equity in the balance sheet of the banking system was BGN 25.2 billion at the end of September, increasing by BGN 613 million or 2.5% compared to the end of June, mainly due to the growth in current profit.

The impairment costs of financial assets not measured at fair value through profit or loss rose by BGN 34 million or 7.6% compared to September 30, 2024, and amounted to BGN 485 million at the end of the period.