August 25 (SeeNews) - The credit portfolio of Bulgarian commercial banks totalled 45.383 billion levs ($34.3 billion/23.2 billion euro) at the end of July, up by 52.5% from a year earlier, data from the central bank, BNB, showed on Monday.
Following are details from the credit portfolio of Bulgarian banks (in millions of levs):
|
End-July'08 |
End-June'08 |
End-July'07 |
TOTAL CREDITS |
45,382.8 |
43,939.0 |
29,758.0 |
LOANS TO NON-FINANCIAL CORPORATIONS |
28,522.7 |
27,665.5 |
18,405.6 |
CREDITS TO HOUSEHOLDS AND NON-PROFIT INSTITUTIONS SERVING HOUSEHOLDS |
16,860.1 |
16,273.5 |
11,352.4 |
-Overdraft |
1,715.6 |
1,637.6 |
1,029.220 |
-Consumer loans |
7,045.7 |
6,802.3 |
4,785.606 |
-Mortgage loans |
7,005.1 |
6,764.9 |
4,669.895 |
-Other loans |
1,093.7 |
1,068.7 |
867.671 |
In Bulgaria, 24 domestically-registered banks and five branches of foreign lenders operated as of end-June.
Lending growth, which has been blamed for the rise in Bulgaria's current account deficit, is seen slowing to some 40% this year from last year's record high 64%, BNB’s governor Ivan Iskrov said in May.
(1 euro = 1.95583 Bulgarian levs)