Bulgaria’s Banking System to Register Record-High Profits in 2016

Bulgaria’s Banking System to Register Record-High Profits in 2016

The profit of Bulgaria’s banks amounted to over 600 million euros by the end of November, the Bulgarian National Bank informs. The banks’ profit is 180 million euros higher as compared to the same period (January-November) last year. According to estimates, the Bulgarian banks will register record-high profits in 2016. The number and the volume of bank deposits increased in November. The liquidity and capital adequacy of the Bulgarian banking system remain at a very high level, BNB further informs.
 
 
BNR
 
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