For the first time since June 2022, the value of non-performing fast loans (NPL) has increased, BNB data show. At the end of March overdue loans in the non-banking financial sector approached BGN 320 million, with a 5.7% growth for the quarter and nearly 11% on an annual basis. Growth in lending is keeping the...

Non-performing loans (NPL) as a share of the Bulgarian bank’s portfolios continued to decrease in the first quarter of the year, shows the latest data from Bulgarian National Bank (BNB). The decline is in almost all segments, but the overdue consumer loans have increased both as share and value. At the end of March the...

Long periods of credit growth create conditions for an increase in indebtedness and accumulation of credit risk in the banking system, warns the Bulgarian National Bank (BNB) in the latest report “Banks in Bulgaria”, which covers the fourth quarter of 2022. During this period, NPL-exposition volume decreased as a result of write-offs of loans to...

Capital levels and liquidity of the European banks remain strong and the sector’s profit is increasing, shows the latest report Risk Dashboard, published by European Banking Authority (EBA). In the last quarter of 2022 non-performing loans (NPL) stayed stable – 1.8%, and the Stage 2 loans fell slightly by 0.2 percentage points from September to...

Non-performing loans (NPL) in Central and Eastern Europe (CEE) states continue to decrease to ever-lower levels, according to the latest Vienna Initiative report, which covers the second half of 2022. The region has shown so far resilience to crises, notes the study. At the end of June 2022 the average NPL-level in CEE was 2.6%,...

Women’s financial wellbeing is lower than men’s and they  are less confident about their financial literacy, according to the European Consumer Payment Report (ECPR). The survey was conducted among 24 000 users of financial services from all over Europe. Europeans are struggling with the impact of high inflation and rapidly increasing interest rates, but the...

Overdue loans from the non-banking financial institutions are decreasing again in absolute value and their share of portfolios is now below 7%, showing BNB data to December 2022. The growth of the credit portfolio in the sector has contributed to the shrinking of their share, while at the same time they are at the lowest...

Credit risk in the banking system is worsening, although the share of non-performing loans (NPL) is decreasing, warns Bulgarian National Bank (BNB) in the latest “Banks in Bulgaria”, a quarterly newsletter. At the end of September 2022 share of NPL is decreasing, but the only reason is growth of the credit portfolio. At the same...

Slight decrease in the non-performing loans (NPL) – despite deteriorating economic outlook, shows the latest report Risk Dashboard (RD), prepared by the European Banking Authority (EBA). NPL ratio fell just below 1.8% and their volume decreased by 1% in the third quarter of 2022 compared to the second quarter.  The NPL ratio for household exposures...