Bulgaria’s deposits, loans up at end of 2019

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Deposits in Bulgarian Banks

SOFIA, Feb. 10 (Xinhua) — The amount of deposits and loans in Bulgaria increased year-on-year at the end of December 2019, data of the Bulgarian National Bank (BNB) showed on Monday.

The total amount of deposits in such sectors as non-financial corporations, households and non-profit institutions serving households (NPISH) was 82.14 billion BGN (46.07 billion U.S. dollars), a 9.9 percent increase on an annual basis, the BNB said.

Deposits from non-financial corporations amounted to 26.49 billion BGN (14.88 billion dollars), rising 14.3 percent on an annual basis, while deposits from households and NPISHs amounted to 55.65 billion BGN (31.26 billion dollars), up 8 percent year-on-year.

Meanwhile, the total amount of the loans granted to the two sectors at the end of the fourth quarter of 2019 was 58.83 billion BGN (33.05 billion dollars), increasing by 7.5 percent on an annual basis.

The loans granted to non-financial corporations amounted to 34.92 billion BGN (19.62 billion dollars), or 6.1 percent up year-on-year, while the figures in the sector of households and NPISHs stood at 23.91 billion BGN (13.43 billion dollars), up 9.5 percent, the BNB said.