Bulgaria's non-govt deposits growth speeds up to 8.9% y/y at end-Aug

Bulgaria's non-govt deposits growth speeds up to 8.9% y/y at end-Aug

Deposits of Bulgaria's non-government sector rose by an annual 8.9% to 88.8 billion levs ($53.1 billion/45.4 billion euro) at the end of August, following an 8.4% growth rate at the end of July, the central bank, BNB, said on Wednesday.

At the end of August, the value of deposits was equal to 80% of Bulgaria's estimated 2020 gross domestic product, BNB said in a statement.

Deposits of households increased by an annual 7.6% to 57.8 billion levs at the end of August.

Deposits of non-financial corporations totalled 27.5 billion levs, up by 12.2% year-on-year, while deposits of financial corporations added 5.2% to 3.5 billion levs.

Bulgaria's non-govt borrowing growth accelerates to 6.1% y/y at end-Aug

Loans to Bulgaria's non-government sector increased by 6.1% year-on-year to 63.6 billion levs ($38 billion/32.5 billion euro) at the end of August, following an annual rise of 6% at the end of July, the central bank, BNB, said on Wednesday.

The value of loans at the end of August was equivalent to 57.3% of Bulgaria's forecast 2020 gross domestic product, BNB said in a statement.

Loans to non-financial corporations amounted to 34.3 billion levs at the end of August, up by 2.2% year-on-year.

Loans to households rose by an annual 7.4% to 24.9 billion levs, while loans to non-financial corporations totalled 4.3 billion levs, up 38.2%.

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.