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

203,000 domestic pigs killed in Bulgaria due to African swine fever

Over 6,000 domestic pigs were killed in the recent years worldwide due to the African swine fever. In Bulgaria a total of 203,000 pigs were killed due to this disease, Bulgaria’s Minister of Agriculture and Food Desislava Taneva said in Berlin...

published on 1/17/20 12:04 PM

Sofia ranks 297th in Numbeo’s 2020 Cost of Living Index by City

The world’s largest database of user contributed data about cities and countries worldwide Numbeo published the 2020 Cost of Living Index by City. Sofia ranks 297 th among 440 countries with highest cost of living. Varna places 333 rd , Plovdiv ranks..

published on 1/17/20 10:42 AM
Saint Nedelya Church downtown Sofia

Bulgarian Orthodox Church rejects Italian project for renovation of Saint Nedelya square

The project for renovation of Saint Nedelya Square downtown Sofia of Italian Architect Massimiliano Fuksas is unsuitable for the Bulgarian Orthodox Church , priest Kiril Popov who serves at the Saint Nedelya church said at a discussion at the Union..

published on 1/17/20 10:08 AM