Banks' profits grow by 15%

Photo: Ani Petrova

The banking system's profit for the first six months of the year reached EUR 470 million, up 14.6% compared to June 30, 2018. The Return on Assets (ROA) indicator was 1.69% and the Return on Equity (ROE) was 12.98%. This is seen in the quarterly magazine of BNB "Banks in Bulgaria", published on the central bank's website. Banking assets reached EUR 55.52 billion at the end of June, up 0.3% in the second quarter of the year. During the second quarter of 2019, deposits in the banking system increased by 0.3% to 47 billion euros at the end of June.


More from category

US companies show interest in manufacturing weapons in Bulgaria

Representatives of eight US businesses visited Bulgaria to conduct over 70 meetings with Bulgarian companies,the Embassy of the United States in Sofia has reported in its Facebook page. The businessmen took part in a forum on issues related to the..

published on 12/6/19 2:14 PM

Bulgarian Parliament approves Greece-Bulgaria gas interconnector loan

The Bulgarian Parliament has ratified the Guarantee Agreement between Bulgaria and the European Investment Bank under the contract of October 10 this year between the European Investment Bank and the Bulgarian Energy Holding EAD to finance the..

published on 12/6/19 1:52 PM

Donation Days in support of couples with fertility problems start today

The 7 th edition of the Donation Days initiative begins today. The event has a charitable purpose - to help couples with fertility problems have children. The initiative brings together donors of reproductive material (eggs and sperm), recipients..

published on 12/6/19 11:33 AM