Bulgarian National Radio © 2020 All Rights Reserved

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

Bulgarian MEP Angel Djambazki has driving license taken away over drink driving

MEP Angel Dzhambazki, who was caught driving after drinking alcohol above the legal limit, has been fined with the legally required fine of 500 euros. His driver's permit has also been taken away for a period of one year. Responding to a parliamentary..

published on 1/20/20 3:18 PM
Boyko Borissov, Kristalina Georgieva and Finance Minister Vladislav Goranov (L to R)

PM Borissov meets with IMF Director Kristalina Georgieva

Bulgaria is pursuing a prudent fiscal policy and this is recognized by the international credit institutions, said Prime Minister Boyko Borissov at a meeting with International Monetary Fund Managing Director Kristalina Georgieva. The meeting..

published on 1/20/20 10:43 AM
събота, 7 декември 2019

Bulgaria and 34 other countries to combat discrimination

Foreign ministers from 35 countries, among them Bulgaria, expressed concern over the revival of anti-Semitism in many parts of the world, and, at a meeting in Brussels, adopted a declaration that they will combat all forms of racism and..

published on 1/20/20 10:20 AM