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Bulgarian Banks' End-Nov Assets Rise 1.3% Y/Y - Table

Dec 30, 2009, 1:18:50 PMArticle by Vera Borisova
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December 30 (SeeNews) - The assets of Bulgarian commercial banks totalled some 69.7 billion levs ($51.4 billion/35.6 billion euro) at the end of November, up 1.3% from a year earlier, central bank data showed.

Bulgarian Banks' End-Nov Assets Rise 1.3% Y/Y - Table

End-month details follow (in millions of levs):

Nov'09 Oct'09 Nov'08
LOANS AND RECEIVABLES (INCLUDING FINANCIAL LEASES) 57,038.393 57,205.546 55,130.019
- Debt instruments 0.00 0.00 5.054
- Loans and advances 57,038.393 57,205.546 55,124.965
TOTAL ASSETS 69,691.698 69,769.889 68,775.363
FINANCIAL LIABILITIES MEASURED AT AMORTISED COST 59,778.903 59,759.490 60,185.972
- Total deposits 56,834.635 56,798.972 56,283.200
- Deposits from credit institutions 13,981.147 14,102.099 15,947.425
- Deposits (other than from credit institutions) 42,853.488 42,696.873 40,335.775
TOTAL EQUITY 9,304.443 9,251.663 7,690.783
BULGARIAN BANKS' NET PROFIT 700.965 656.524 1,318.240

The biggest Bulgarian bank by assets at the end of November was UniCreditBulbank, the Bulgarian unit of Italian banking group UniCredit formed after the merger of Bulbank, HVB Bank Biochim and Hebros Bank.

The runner-up was DSK Bank, owned by Hungarian banking group OTP, followed by United Bulgarian Bank, majority-owned by the National Bank of Greece.

Bulgaria has 24 domestically-registered banks and branches of six foreign lenders.

(1 euro=1.95583 Bulgarian levs)

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