Non-performing loans (NPLs) in the Bulgarian banking system decreased in 2021, according to Bulgarian National Bank (BNB) data. Compared to 2020, the share of NPLs has declined in both mortgage, consumer and corporate loans. As an absolute value the increase was only in consumer lending. Thanks to the active granting of new loans, share of...

The European banking system’s assets quality has improved further and the ratio of non-performing loans (NPLs) has declined, according to the European Banking Authority (EBA) Risk Dashboard Q3 2021. As of the end of September, the average ratio of NPLs in the EU was 2.1%, decreased to EUR 419 billion in absolute terms. There was...

The beginning of the year is usually a time to make promises and plans for the new year. Instead of promises, we share with you our new corporate video ⛰️. The history of its making began with the experience of how to recreate in an unexpected, but well-accepted way, the mission and values of our...

The solvency of European banks is improving, along with their profitability and liquidity. The main threat to the sector remains the asset price corrections, noted the European Banking Authority (EBA) in the annual monitoring of the banking system. Bank capital and liquidity positions have improved year on year, along with profitability. However, structural challenges for...

Banks in Central and Southeastern Europe (CESEE) have weathered the financial hit of the COVID-19 pandemic so far, but they may be tested by the withdrawal of government help to companies, noted the six-month report of Vienna Initiative on the banks in the region. Risks are rising particularly as infection rates begin to soar again. ...

Financial inequality is getting deep and the fears of inflation motivating people to try stabilizing their finances. These are the conclusions of the new European Payment Report (EPR), published this week.   The Europeans are concerned about the impact of rising inflation on personal finances and debt, summarize the research, conducted among more than 24 000...

Hot market of real estates and growth of the mortgage loans can cause a high risk of increase in non-performing loans (NPLs) in Europe, warns the consulting company Deloitte in a report, based on the data from European central bank (ECB).  The real estate market, especially the house market, is booming among the COVID-19 pandemic....

Overdue loans in the non-banking sector have increased significantly at the end of September 2021, shows the latest data from Bulgarian National Bank (BNB). Compared to the same period of 2020, their growth is more than one-quarter. The increase would be even bigger if we count the non-performing loans (NPL), sold in the third quarter. ...

Norway based B2Holding, owner of Debt Collection Agency (DCA), increased its investments in new portfolios of non-performing loans in South Eastern Europe (SEE) in the third quarter of the year. The Group also recorded a significant rise in the financial results from the region of SEE, according to the report for the period.  For the...