2024-06-01 23:29:40
The revenue of the banking system in our nation as of April 30 is BGN 1.2 billion, the BNB studies. That is BGN 177 million (17.1 %) greater than reported for the primary 4 months of 2023.
The property of the banking system as of April 30 amounted to BGN 175.1 billion and decreased by BGN 1.2 billion (0.7 %) in comparison with the tip of March, the information present.
Complete gross loans and advances on the finish of April had been BGN 113.9 billion and in comparison with the tip of March they decreased by BGN 201 million (0.2 %). Receivables from credit score establishments decreased by BGN 1.6 billion (11.8 %) to BGN 12.3 billion. The gross credit score portfolio (which incorporates non-financial enterprises, households, different monetary enterprises and authorities) is reported month-to-month development of BGN 1.4 billion (1.4 %) to BGN 101.6 billion.
Loans for households elevated (by BGN 811 million, 2 %, of which BGN 457 million in loans secured by residential property). Loans to non-financial enterprises (by 399 million BGN, 0.8 %) and to different monetary enterprises (by 249 million BGN, 2.9 %) additionally elevated, whereas these to the “State Authorities” sector decreased by 14 million BGN (1.7 %).
On the finish of April, whole deposits within the banking system amounted to BGN 148.9 billion. On a month-to-month foundation, they decreased by BGN 1.1 billion (0.7 %). The principle contributor to this dynamic is the drop in deposits of credit score establishments (by BGN 1.7 billion, 14.6 %), the BNB notes.
Accrued prices for impairment of economic property, which aren’t reported at honest worth in revenue or loss (or provisions for non-performing loans – word ed.), elevated by BGN 64 million (50.1%) in comparison with the identical interval final yr and on the finish of April 2024 they quantity to BGN 191 million.