Financial and business news from Bulgaria

With 9% soared household deposits, held in banks 58.152 billion levs

At the end of September 2020, the non-governmental sector deposits were BGN 89.776 billion. (80.9 percent of GDP), and on an annual basis increased by 9 percent, reported the Bulgarian National Bank.
The deposits of non-financial enterprises are BGN 28.529 billion. (25.7 per cent of GDP) and on an annual basis they increased by 12.4 per cent.

The deposits of financial enterprises at the end of September decreased by 0.6 percent on an annual basis and reached 3.094 billion levs. (2.8 percent of GDP).

The deposits of Households and non-commercial organizations serving households /NTTD/ are BGN 58.152 billion. (52.4 percent of GDP) at the end of September. They increased by 7.9 per cent compared to the same month of 2019.

At the end of September 2020, loans to the non-governmental sector were BGN 64.303 billion. (57.9 percent of GDP) and on an annual basis they increased by 5.9 percent.

Loans to non-financial enterprises grew by 2% on an annual basis in September 2020 and reached BGN 34.810 billion at the end of the month. (31.4 percent of GDP).

Loans to Household and NTOLD are BGN 25.139 billion (22.6 percent of GDP) at the end of September 2020. Compared to the same month of 2019 they increased by 7.5 percent. At the end of September the home loans were BGN 11.634 billion and grew on an annual basis by 12.3 per cent and consumer loans amounted to BGN 11.806 billion and increased by 6.2 per cent on an annual basis.

Loans provided to financial enterprises are BGN 4.354 billion. (3.9 percent of GDP) at the end of September 2020. Compared to September 2019, they increased by 34.9 per cent.

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